US EditionWhy Is Delta Air Lines Stock Soaring Wednesday? - Delta Air Lines (NYSE:DAL)
Delta said premium revenue rose 14% and its Monroe refinery will add a $300 million Q2 benefit as fuel costs stay elevated.
9 Articles
9 Articles
Delta Soars 13% Despite a Fuel Bill That Ballooned by $2 Billion
Delta Air Lines (NYSE:DAL) shares are up 13% in early trading Wednesday morning, recovering sharply after yesterday’s close of $65.62. The move comes despite a headline GAAP net loss and a fuel bill that would make most airline executives lose sleep. Here’s why investors are cheering anyway. The paradox is real: Delta Air Lines posted ... Delta Soars 13% Despite a Fuel Bill That Ballooned by $2 Billion
In the first quarter of the year, the American company Delta Air Lines claimed a net loss of $289 million, driven by the rising costs of kerosene, despite the growth of its business.
Delta reports net loss for First Quarter 2026
Delta Air Lines reported a net loss of $289 million for the first quarter of 2026, or ($0.44) per share. Revenues for the quarter were up 13% year-over-year at $15.9 billion, and $8.1 billion in total liquidity at quarter end. Operating income was %501 million with an operating margin of 3.2%, down from 4% last year. The pre-tax loss was $214 million with a pre-tax margin of (1.4%), and operating cash flow was $2.4 billion. Delta’s full first qu…
The company in North America was damaged by the rise in the costs of the old fuel, despite the increase in revenue.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
