Overview
- Delta now expects high-single-digit first-quarter revenue growth and kept adjusted EPS guidance at $0.50 to $0.90, forecasting $15.0–$15.3 billion in sales.
- American raised its outlook to more than 10% Q1 revenue growth and projected an adjusted loss per share at the lower end of its prior 10–50 cent range.
- Jet fuel prices have climbed about 50%–60% since late February to roughly $3.90–$4.00 per gallon, creating around $400 million in added Q1 fuel expense at Delta, American and United.
- Executives reported record bookings and said fares have already increased or surcharges been added, with selective schedule moves such as United trimming about 1% of capacity in May and June during off-peak periods.
- Airline stocks rallied on the updates, with Delta up roughly 5% intraday and peers higher as investors weighed strong demand against fuel-driven cost pressure.