Delta Air Lines Expects to Absorb $6 Billion Increase in Fuel Costs, Lowers 2026 Profit Outlook
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Photo Credit: Delta Air Lines orders up to 60 Boeing 787 Dreamliners to grow and modernize widebody fleet. Delta Air Lines Delta still had a profitable third quarter, even as volatile fuel costs are now forcing it to lower its 2026 forecast. The carrier has already accrued $900 million in profit sharing for 2027. Delta Air Lines is largely forecasting a profit this year, despite lowering its 2026 outlook in response to fuel price increases. Delta is expecting earnings per share in 2026 to range from $5.10 to $5.60, down from its original forecast of $6.50 to $7.50. Delta chief financial officer Erik Snell told reporters that the change in guidance was driven by high jet fuel costs, which sat at an average of $4.50 as of Thursday evening. He added that Delta will incur an additional $6 billion in fuel expenses this year, but has already accrued $90 Subscribe now for complete access to Skift.com's trusted coverage of the travel industry. Enter your email for a complimentary article + exclusive offers. Tags: delta air lines, earnings, jet stream
