Ed Bastian

Delta Air Lines cut its profit forecast despite heightened demand as fuel costs surge across the air travel sector

Scientists Warn 'Super El Niño' Expected To Be Strongest on Record

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Jet fuel prices roughly doubled in the early weeks of the Iran war, prompting airlines to pass the costs on to consumers through increased fares, fewer flights and higher baggage fees

American consumers have been pessimistic for so long that now economists are wondering when — or even if — households will ever feel financially better off

The culprit is volatile oil and jet fuel prices, which have spiked sharply since the war in the Middle East began and fighting near the Strait of Hormuz created a chokepoint for global oil supplies

Elevated airfare levels are expected to persist for at least six to nine months, according to Reuters

White House plays down oil price spike amid Iran war

As a result, many companies will be looking anxiously at their cashflow projections

The war with Iran will remain the dominant driver of the market action in the week ahead, as investors hope for a resolution to the conflict

Jet fuel prices are rising far more rapidly than gasoline or diesel prices

Jet fuel prices are rising far more rapidly than gasoline or diesel prices

American flyers still smarting from interminable airport security lines are about to get another shock

Airlines warn inventories could run dry within weeks, raising the risk of higher airfares and flight cancellations

It cited the impact ​of a partial government shutdown that has disrupted US air travel

It cited the impact ​of a partial government shutdown that has disrupted US air travel

Delta axes special treatment for Congress members over ‘inexcusable’ refusal to fund TSA

Delta axes special treatment for Congress members over ‘inexcusable’ refusal to fund TSA

Airlines warn inventories could run dry within weeks, raising the risk of higher airfares and flight cancellations

Airlines warn inventories could run dry within weeks, raising the risk of higher airfares and flight cancellations

Fuel surge and route disruptions tighten global flight supply, pushing fares higher

A tower topped with a flame behind rows of fences

Immigration and Customs Enforcement agents were deployed to 14 airports on Monday to help with crowd management as the Transportation Security Administration faces growing callouts from officers during the ongoing Department of Homeland Security shutdown

Many overseas airlines face reroutings, flight cuts and weaker outlooks

TSA agents last week missed their first full paycheck after getting only partial checks since the shutdown began in mid-February

Many overseas airlines face reroutings, flight cuts and weaker outlooks

Jet fuel prices have soared from $85-$90 per barrel to $150-$200 per barrel in recent days for an industry where fuel accounts for up ​to a quarter of operating expenses

Air travelers may face higher ticket prices this summer as rising oil costs linked to the ongoing conflict in Iran send jet fuel prices soaring

A single claim about Chipotle’s customer base was enough to trigger a wave of pushback, as customers dissected prices, portions and what the brand actually represents today

Boeing secures nearly 1,200 commercial plane orders in 2025, topping its European rival

Delta Air Lines has enjoyed financial success partly because it caters to travelers who are willing to spend a lot on luxurious seats and airport lounges