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Delta Air Lines explains failed Starlink partnership and lowers 2026 profit outlook

Stocktwits +1 ·

DAL Delta Air Lines Inc
$80.11 -2.51%
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  1. 1Delta Air Lines CEO Ed Bastian stated that they previously tested Starlink technology but failed to form a partnership due to differences in deployment timing and business models.
  2. 2Delta recorded $17.59 billion in revenue and $1.72 in adjusted earnings per share for the third quarter.
  3. 3Delta lowered its 2026 profit outlook due to $4.14 billion in quarterly fuel costs and a 62% annual increase in fuel costs for the third quarter.

So what's the key point?

Delta Air Lines explained why it did not partner with Starlink. The company also lowered its expected earnings for 2026 because fuel costs increased significantly.

Source Stocktwits +1 · View original ↗

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