Delta CEO signals fares to stay high even as oil costs stabilize

1 min read
Source: New York Post
Delta CEO signals fares to stay high even as oil costs stabilize
Photo: New York Post
TL;DR Summary

Delta CEO Ed Bastian suggested ticket prices and fees will remain elevated to bolster margins even after Iran-related oil costs ease, with Delta chairing higher baggage fees and forecasting about a $2 billion fuel-cost hit this quarter, prompting online backlash and sparking comparisons with rivals’ price hikes.

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