Delta Faces Soaring Fuel Costs Amid Calls to Lower Fares if Oil Prices Fall

18 articles · Updated · CNBC · Apr 16

Delta Air Lines expects a $2.5 billion surge in fuel costs this quarter due to rising oil prices from the Iran conflict.
The airline is increasing fares and baggage fees, and may cut unprofitable routes to manage the higher expenses.
Lawmakers urge airlines to lower fares if fuel prices drop, but Delta's CEO indicated lower costs would boost margins rather than reduce ticket prices.

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