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Delta CEO Says Oil Prices Will Stay 'Sticky for Longer'

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Delta CEO Says Oil Prices Will Stay 'Sticky for Longer'

Delta CEO Ed Bastian warned that oil prices may remain “sticky for longer,” but said the airline will still “do just fine.” He pointed to ongoing strength in premium and international demand, suggesting demand resilience despite cost headwinds from higher/volatile fuel prices.

Analysis

Delta CEO Ed Bastian warned that oil prices may remain “sticky for longer,” but said the airline will still “do just fine.” He pointed to ongoing strength in premium and international demand, suggesting demand resilience despite cost headwinds from higher/volatile fuel prices.

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