Delta Air Lines offsets 90% of USD2bn fuel headwind: CEO

Delta Air Lines CEO Ed Bastian stated (13-Dec-2018) the airline has offset 90% of its USD2 billion fuel headwind in 2018 by achieving 8% top line growth, adding the airline also attained a non-fuel unit cost growth of 1.5% in 2018, below inflation. For 2019, Delta expects to produce over USD5 billion in profits, with a return to margin expansion driving double-digit EPS and 15% after tax ROIC. [more - original PR]