Delta eyes higher margins as jet fuel drops; fares may follow
Delta Air Lines CEO Ed Bastian said Tuesday that cheaper jet fuel might not translate into lower fares if airlines in the U.S. can't grow seat supply. The margin story is still at play. Delta CEO Ed Bastian told Fox Business the industry can’t bring down ticket prices yet because the system is “logjammed.” Bastian said Delta had “no choice” but to raise fares when fuel costs went up. “Oil prices have come down now,” he said.