{"id":442554,"date":"2021-10-14T08:58:50","date_gmt":"2021-10-14T03:28:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=442554"},"modified":"2021-10-14T11:05:43","modified_gmt":"2021-10-14T05:35:43","slug":"delta-air-warns-of-rising-jet-fuel-cost-clouding-profit-rebound","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/delta-air-warns-of-rising-jet-fuel-cost-clouding-profit-rebound\/","title":{"rendered":"Delta Air warns of rising jet-fuel cost, clouding profit rebound"},"content":{"rendered":"<p>Delta Air Lines Inc. reported the first quarterly profit excluding federal aid at a major U.S. carrier since the start of the pandemic but said rising jet fuel prices are a threat to staying in the black. <\/p>\n<p>Earnings for the third quarter exceeded analysts\u2019 expectations as the Atlanta-based airline overcame a temporary slowing of demand amid a resurgence of coronavirus-linked fears stemming from the delta variant.<\/p>\n<p>Third-quarter net income, excluding $1.3 billion in government aid, came to $194 million, or 30 cents a share, the airline said Wednesday. Analysts had expected 17 cents, according to the average of estimates compiled by Bloomberg.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delta Air Lines Inc. reported the first quarterly profit excluding federal aid at a major U.S. carrier since the start of the pandemic but said rising jet fuel prices are a threat to staying in the black. Earnings for the third quarter exceeded analysts\u2019 expectations as the Atlanta-based airline overcame a temporary slowing of demand amid a resurgence of coronavirus-linked fears stemming from the delta variant. Third-quarter net income, excluding $1.3 billion in government aid, came to $194 million, or 30 cents a share, the airline said Wednesday. Analysts had expected 17 cents, according to the average of estimates compiled [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-442554","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=442554"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442554\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=442554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=442554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=442554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}