# Delta Air Lines says it will pull all planned capacity growth from the June quarter.

*business · news · 2026-04-08 · New York Post*

## Key points

- Delta will cut planned capacity growth by 3.5 percentage points in the June quarter.
- Delta expects to pay $4.30 per gallon for jet fuel in the June quarter, adding $2 billion in costs.
- Delta forecasts June quarter earnings of $1 to $1.50 per share, below analyst expectations.
- Delta expects a $300 million benefit from its refinery in Q2, up from $60 million in Q1.
- Delta raised checked-bag fees and signaled these higher fees may remain due to fuel costs.

**Companies:** Delta Air Lines, United Airlines, American Airlines, Southwest Airlines
**Countries:** United States, Iran

[Read the full story on New York Post](https://nypost.com/2026/04/08/business/delta-scraps-capacity-growth-plans-as-fuel-price-surge-drives-up-costs/)

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