Delta says higher airfares expected to last despite drop in oil prices

Delta Airlines reported a $1.4 billion profit despite grappling with its highest quarterly fuel expense ever, yet the airline expects higher airfares to persist due to robust travel demand. CEO Ed Bastian explained that the company has managed to pass 60% of these extra fuel costs onto consumers, and plans to continue doing so. This move highlights how airlines are navigating the delicate balance between managing fuel costs and meeting consumer demand, underscoring the importance of travel resilience in the face of economic shifts.