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Delta’s profit falls as it absorbs record quarterly jet-fuel costs

MarketWatch says Delta’s profit declined after the carrier took on the highest quarterly fuel expense in its history, despite strong travel demand.

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Delta’s profit fell even as the airline sees strong travel demand, according to MarketWatch. The report attributes the setback to jet-fuel costs rising sharply enough to weigh on earnings.

MarketWatch adds that Delta absorbed the highest quarterly fuel expense in its history during the period in question. The move suggests fuel costs were a dominant driver of the profit decline.

With demand remaining solid, the update highlights the tension for airlines between passenger demand and volatile fuel expense.

The article frames Delta’s near-term profit pressure as primarily tied to fuel outlays rather than demand softness.

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