Delta CEO Says Oil Prices Will Stay 'Sticky for Longer'
Bloomberg 2026-07-13 13:40:21
Context: Delta Air Lines CEO Ed Bastian expressed his views on oil prices and the airline's performance in an interview with Bloomberg's Lisa Abramowicz. According to Bastian, oil prices are expected to remain high for an extended period. Despite this, he remains optimistic about the airline's prospects, citing strong demand for premium and international travel.
Key Facts
- Delta Air Lines CEO Ed Bastian stated that oil prices will stay "sticky for longer" in an interview with Bloomberg's Lisa Abramowicz.
- Bastian expressed confidence in the airline's performance, stating that Delta will still do "just fine" despite the expected persistence of high oil prices.
- The CEO noted that there is still strong demand for premium and international travel, which is a positive indicator for the airline's future prospects.