Delta Air Lines' decision to avoid Elon Musk's Starlink has attracted plenty of critics. However, its WiFi provider, ViaSat, recently launched a new satellite for the Pacific region.
Delta Air Lines DAL has lowered its full-year 2026 earnings guidance following disappointing third-quarter results released on Oct. 9, as surging fuel expenses and rising operating costs continue to pressure profitability. The airline now expects adjusted earnings of $5.10-$5.60 per share, down from its earlier projection of $6.50-$7.50.
Delta is overhauling its top-tier cabin with new suites for its largest A350 plane, starting next year. The company is also ordering more Porsches to take its highest-end customers from the terminal to aircraft transfers.
Delta Air Lines planned to launch a route from Atlanta to Riyadh later this month. The Saudi capital's airport has suffered a number of Houthi missile attacks recently.
The bumpy ride for Delta Air Lines Inc. NYSE: DAL may likely continue. In its Q3 2026 earnings report, the company just pulled back its full-year profit guidance by more than a dollar per share at the midpoint.
Delta Air Lines DAL cut its 2026 adjusted earnings forecast by nearly 25% as surging jet fuel prices, driven by the Iran war, pushed its expected annual fuel bill up by $6 billion from 2025. Despite strong travel demand and higher ticket prices, rising costs are squeezing airline profitability.
Delta's strong pricing, premium travel demand and disciplined capacity growth support revenue momentum, but rising fuel and nonfuel costs threaten profitability.
The FAA warned U.S. airlines about safety risks flying in or near Saudi Arabia after attacks on one of the country's biggest airports. Delta Air Lines is scheduled to launch its first nonstop flight between Atlanta and Riyadh later this month, but said it hasn't decided whether it will go ahead.
Delta Air Lines NYSE: DAL is set up for a Q4 pullback as rising fuel costs cut into its earnings. The pullback could reach as low as $70 before it bottoms, but once it does, the recovery may be rapid.
CNBC's Jim Cramer said Delta's disappointing headline numbers overshadowed signs of strength, as the carrier managed to keep adjusted pretax profit roughly flat despite a sharp increase in fuel costs. He said strong demand for premium seating and growth in Delta's loyalty business support his thesis that the airline is becoming more resilient.
Delta Air Lines, Inc. ( DAL ) Q3 2026 Earnings Call October 9, 2026 10:00 AM EDT Company Participants Julie Stewart - Vice President of Investor Relations & Corporate Development Ed Bastian - CEO & Director Joe Esposito - Executive VP & Chief Commercial Officer Daniel Janki - Executive VP & COO Erik Snell - Executive VP & CFO Conference Call Participants Andrew Didora - BofA Securities, Research Division Savanthi Syth - Raymond James & Associates, Inc., Research Division Michael Linenberg - Deutsche Bank AG, Research Division Conor Cunningham - Melius Research LLC Thomas Fitzgerald - TD Cowen, Research Division Duane Pfennigwerth - Evercore ISI Institutional Equities, Research Division John Godyn - Citigroup Inc., Research Division Christian Wetherbee - Wells Fargo Securities, LLC, Research Division Michael Goldie - BMO Capital Markets Equity Research Jamie Baker - JPMorgan Chase & Co, Research Division Atul Maheswari - UBS Investment Bank, Research Division Brandon Oglenski - Barclays Bank PLC, Research Division Catherine O'Brien - Goldman Sachs Group, Inc., Research Division David Vernon - Bernstein Institutional Services LLC, Research Division Daniel McKenzie - Seaport Research Partners Presentation Operator Good morning, everyone, and welcome to the Delta Air Lines September Quarter 2026 Financial Results Conference Call. My name is Matthew, and I will be your coordinator.
Delta's record revenue and resilient travel demand are encouraging, but rising fuel expenses overshadow its operational strengths.