Delta Expects Strong Profit Despite Higher Fuel Costs

Delta expects to achieve a pre-tax profit of about $1 billion in the current quarter, despite projecting an additional $2 billion in fuel costs due to rising jet fuel prices from the war with Iran. The airline plans to cut 3.5% of its flights to mitigate these costs, recovering up to half of the increase through reduced capacity and higher fares. This forecast highlights strong demand for air travel, even with increased ticket prices.