Stocks in Action USA: Delta Air Lines, Elbit Systems and Lemonade.
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Delta Air Lines (DAL) - The US airline giant faces skyrocketing fuel costs but raises revenue outlook thanks to strong demand! The US aviation company Delta Air Lines is facing massively rising fuel costs in the current quarter. As CEO Ed Bastian explained in an interview with CNBC, jet fuel prices have nearly doubled since the beginning of the quarter. This alone results in an additional cost burden of around 400 million USD for the airline. "Jet fuel prices have nearly doubled since the start of the quarter - this means significant headwinds...
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