Delta Air expects first-quarter profit within forecast range

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Delta Air Lines expects its first-quarter profit to be within its initial forecasted range, but the airline has raised its revenue expectations. This adjustment comes amidst higher jet fuel prices, which have increased over 50% due to the conflict in the Middle East. The airline noted improved consumer and corporate demand into March across its main, premium, and loyalty segments, and is prepared to adjust capacity if fuel prices remain elevated.

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