Delta sees higher fares as fuel costs rise

摘要

New York—Delta Air Lines, the US’ second largest airline, expects fourth-quarter 2016 fuel costs to rise to $1.60-$1.65/gal, which will contribute to higher fares in the future, a company executive said Thursday. Speaking on Delta’s third-quarter results call, CFO Paul Jacobson said fuel costs have risen for the first time in about two years, noting that there is a “three- to five-month lag before these costs work into the pricing structure.”