The CEO of Delta Air Lines said that an integrated refinery will help alleviate the pain caused by soaring fuel costs.

date
08/04/2026
Delta Airlines stated that the company is well-prepared to withstand the surge in fuel costs. The management of the company stated that the airline's brand, loyalty, and strong financial foundation are factors that will help mitigate the impact of price increases. The company also expects to record $300 million in refinery profits in the second quarter, which they believe will partially offset the adverse effects of fuel costs, estimated at $2 billion for the second quarter. Delta Airlines owns an integrated refinery, and executives believe that this could be a key differentiating advantage in offsetting costs compared to other airlines. "Delta Airlines is best equipped to navigate the current environment," CEO Ed Bastian said.