Delta Air Lines expects to pay over $2 billion in fuel costs in the second quarter of this year as the war in the Middle East continues to impact the global economy.
The Atlanta-based carrier announced it Wednesday as it reported quarterly earnings. For the first three months of 2026, Delta reported revenue of $15.9 billion, a year-over-year loss of $289 million. Non-fuel costs also rose. Despite this, Delta said it saw positive demand with revenue up 10% in the first quarter of this year compared with 2025.
Delta is the first major U.S. airline to report quarterly earnings since late February, when the war in Iran began. The carrier said first-quarter fuel costs soared by $332 million.
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