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Delta says it will "meaningfully reduce" its capacity growth plans in the near term.
Delta will significantly reduce near-term capacity growth due to soaring jet fuel costs.
KEY POINTS
- Delta expects a $2 billion higher fuel bill this quarter and all-in fuel costs of $4.30 per gallon.
- Delta's refinery is projected to provide a $300 million benefit in the second quarter.
- Premium-ticket revenue rose 14% year-over-year, while main cabin revenue increased for the first time since 2024.
- Delta's capacity fell 3% in early 2026 as fleet renewal increased premium seat mix.
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