Airports

Airlines warned fuel prices were a growing threat, but it just became clear how terrible the situation has become

5 monthes ago   |   By

Airbus
Delta Air Lines reported second-quarter 2018 profits of $1.025 billion on $11.775 billion in operating revenue.
Even though revenues are up, profits are actually $161 million lower than the same period in 2017.
Much of this can be attributed to the increase in fuel prices.
The increase in costs for airlines could be passed on to consumers.
The price of crude oil has skyrocketed more than 50% over the last year and the effects on the airline industry are expected to be profound.
Now we have a better idea of just how profound. See the rest of the story at Business Insider NOW WATCH...
Read more ...

 

Delta Air Lines announces June Quarter 2018 profit

Delta Air Lines announces June Quarter 2018 profit

5 monthes ago   |   By

Delta Air Lines today reported financial results for the June quarter 2018. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated here.
Adjusted pre-tax income for the June quarter 2018 was $1.6 billion, a $183 million decrease from the June 2017 quarter, as record revenues partially offset the approximately $600 million impact of higher fuel prices.
“With an expected $2 billion higher fuel bill for 2018, we are now forecasting our full-year earnings to be $5.35 to $5.70 per share. We have seen early success in addressing the fuel cost increase...
Read more ...

 


Search by Tags

   Airports      Business      Ideas      Airlines      Airport      Idea      Flight      Flights      Money      BITranspo      Delta Air lines      Fuel prices      Brent Crude      DAL      Fall      AIRLINE NEWS      GLOBAL TRAVEL NEWS      Delta air lines  


Experience the magical ambience of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Experience the magical ambiance of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Experience the magical ambiance of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Travel Advice From Dublin Airport This Christmas

Travel Advice From Dublin Airport This Christmas

Dublin Airport is reminding passengers not to gift wrap Christmas presents if they are carrying them in hand luggage at the security screening area this holiday season. Dublin... Read more ...

Hamad International Airport Voted as the Best Airport in the Middle East

Hamad International Airport Voted as the Best Airport in the Middle East

Hamad International Airport has been voted as the “Best Airport in the Middle East” at the 15th Annual Global Traveler's GT Tested Reader Survey Awards in Los Angeles. The... Read more ...

Welcome Arch Installed At Newcastle International Airport

Welcome Arch Installed At Newcastle International Airport

A welcome arch designed to act as a gateway for travellers coming in and out of the region has been installed at Newcastle International Airport. The striking 33ft high archway... Read more ...

DFW Airport's Growth Continues with Four New Destinations, Added Flights to...

DFW Airport's Growth Continues with Four New Destinations, Added Flights to Europe

Dallas Fort Worth International Airport will offer customers more destinations than ever in 2019, continuing its fastest rate of growth in the last 15 years. American Airlines... Read more ...

Ottawa Macdonald-Cartier International Airport to undergo renovation

Ottawa Macdonald-Cartier International Airport to undergo renovation

Ottawa's Macdonald-Cartier International Airport unveils development plans of $100 million. Read more ...

Portugal sees international tourists' arrival decline but hotel revenue...

Portugal sees international tourists' arrival decline but hotel revenue still high

The number of international tourists visiting Portugal edged lower in the first 10 months of 2018. This is the first cumulative decline after years of record figures. The... Read more ...

Trump's newest chief of staff called him a 'terrible human being' days...

Trump's newest chief of staff called him a 'terrible human being' days before winning presidency

Alex Wong/Getty Images In 2016, Mick Mulvaney, President Donald Trump's acting White House chief of staff, called then-presidential candidate Donald Trump "flawed" and said he... Read more ...

Argentina government approves the creation of the Iberá National Park

Argentina government approves the creation of the Iberá National Park

Argentina's Congress has voted to approve the creation of a new national park, Iberá National Park in the northeast of the country. In combination with with the existing Iberá... Read more ...

The Hyundai Kona EV Starts Under $30,000 With Tax Credits, but Won't Be Sold...

The Hyundai Kona EV Starts Under $30,000 With Tax Credits, but Won't Be Sold Everywhere

The 2019 Hyundai Kona Electric came onto the car scene this year , boldly lacking even a semblance of a grille and boasting an impressive 258 miles of range. Hyundai announced... Read more ...

This Year Four Seasons Hotel Istanbul at the Bosphorus Presents a Magical...

This Year Four Seasons Hotel Istanbul at the Bosphorus Presents a Magical Winter City

This Year Four Seasons Hotel Istanbul at the Bosphorus Presents a MagicLaunching on December 16, 2018 with a grand opening party, Four Seasons Hotel Istanbul at the Bosphorus... Read more ...