Airlines are in tight 'balancing act' between capacity vs. jet fuel costs
Delta Air Lines (DAL) will kick off earnings season for airline operators this Friday, July 10. While oil prices (CL=F, BZ=F) have sunk near pre-Iran war levels, airfare and jet fuel costs haven't budged nearly as much and remain 20% higher than prices a year ago.
SDT Capital Advisors president Stephen Trent comes on Market Catalysts to discuss operators' current abilities to balance flight capacity with elevated fuel costs.
