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Wednesday, October 13, 2021

Delta Air Lines delivers a profit, but faces fuel-cost pressure


Delta Air Lines delivers a profit, but faces fuel-cost pressure



Travel demand roared back this summer before the spread of the Delta variant threatened to bring airlines' recovery to an abrupt halt. While "the variant" -- as Delta Air Lines refers to it -- caused bookings to slow and revenue to dip, the impact was modest and temporary, Chief Executive Officer Ed Bastian said in an interview.

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf