Delta Air Lines' shares dropped 6.4% as soaring WTI crude oil prices reached a seven-month high, intensifying the burden of jet fuel costs for carriers. The company’s stock is now trading 12.8% lower than its February peak and has declined by 4.9% year-to-date, despite plans to expand its fleet with 34 additional Airbus A321neo jets. These operational hurdles follow recent flight suspensions and cancellations attributed to severe winter storms and international airspace closures.
“Delta Air Lines · shares fell · 6.4% · afternoon session”
“WTI crude oil · jumped to · a seven-month high”
“jet fuel · is a major operating expense for · carriers”
“Delta Air Lines · shares closed at · $65.71”
“Delta Air Lines · is down · 4.9% · since the beginning of the year”
“Delta Air Lines · is trading · 12.8% below its 52-week high · $75.35 from February 2026”
“Investors who bought · $1,000 worth of Delta’s shares · 5 years ago · would have an investment worth $1,367”
“Emirates · said · several of its flights were affected · by the UAE airspace closure”
“Qatar Airways Group · announced · it has temporarily suspended flights · to and from Doha”
“Israel · closed · its airspace”
“many airlines · grounded operations · to and from the Israeli capital · Tel Aviv”
“Passengers who were at Ben Gurion International Airport · were shuttled back”
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