00:00Delta Airlines is lowering its 2026 profit forecast as soaring jet fuel prices threaten
00:06to wipe out gains from strong travel demand. The airline now expects adjusted annual earnings of
00:12$5.10 to $5.60 per share, down from its previous forecast of $6.50 to $7.50,
00:21as fuel costs are projected to rise by $6 billion this year. Delta reported record high third
00:27quarter revenue and says bookings remain strong, with fourth quarter revenue expected to grow about
00:3320 percent. But with fuel expenses climbing sharply, the airline faces mounting pressure
00:39to raise fares without discouraging travelers.
