Airline

JPMorgan: Delta “crisis averted” as strong demand offsets fuel shock

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JPMorgan: Delta “crisis averted” as strong demand offsets fuel shock

Delta Air Lines has moved out of near-term “crisis mode” following its first-quarter results, according to JPMorgan, which said strong demand and pricing power helped the airline absorb a sharp rise in fuel costs. In a research note following Delta’s April 8 investor update, JPMorgan said the...

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