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Delta Stock Drops as Fuel Costs Bite -- WSJ

Delta Stock Drops as Fuel Costs Bite -- WSJ

Dow JonesDow Jones2026/10/09 11:34

By WSJ Staff Shares in Delta Air Lines are down more than 3% premarket after the airline cut its earnings outlook following another quarter of persistently high fuel costs. -- The airline said it now expects full-year earnings per share to be $5.10 to $5.60, down from its previous guidance range of $6.50 to $7.50. -- The cost of fuel was $500 million higher in its most recent quarter compared with guidance shared in July. -- CEO Ed Bastian said that despite this headwind, demand among travelers has stayed strong. This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). (END) Dow Jones Newswires October 09, 2026 07:34 ET (11:34 GMT)

By WSJ Staff

Shares in Delta Air Lines are down more than 3% premarket after the airline cut its earnings outlook following another quarter of persistently high fuel costs.

-- The airline said it now expects full-year earnings per share to be $5.10 to $5.60, down from its previous guidance range of $6.50 to $7.50.

-- The cost of fuel was $500 million higher in its most recent quarter compared with guidance shared in July.

-- CEO Ed Bastian said that despite this headwind, demand among travelers has stayed strong.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 09, 2026 07:34 ET (11:34 GMT)

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