Delta profits jump despite spiking fuel costs after Trump’s exit from Iran deal

By Joe Williams

Published October 11, 2018 2:07pm ET

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Delta profits jump despite spiking fuel costs after Trump’s exit from Iran deal — Profit at Delta Air Lines jumped to $1.32 billion in the three months through September, an early sign that reduced flight schedules, higher checked baggage fees and other adjustments helped blunt the impact of a 30 percent rise in fuel costs. Operating expense at the Atlanta-based carrier rose 11.6 percent to $10.3 billion, mostly because […]

Profit at Delta Air Lines jumped to $1.32 billion in the three months through September, an early sign that reduced flight schedules, higher checked baggage fees and other adjustments helped blunt the impact of a 30 percent rise in fuel costs.

Operating expense at the Atlanta-based carrier rose 11.6 percent to $10.3 billion, mostly because of jet fuel, the Atlanta-based carrier said. Despite that, profits rose 13.2 percent as sales reached $11.8 billion.

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Air Travel Delta Air Lines Energy