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American Express Company

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Business News Today infographic showing a passenger aircraft, Delta Air Lines’ $81 share valuation, reduced 2026 earnings guidance, $17.6 billion quarterly adjusted revenue, rising fuel costs and a 4.7% free cash-flow yield.
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Delta Air Lines cuts earnings outlook despite record revenue. Is its stock pricing in a longer fuel crisis?

Delta Air Lines shares are trading near $81 after the carrier reduced its 2026 earnings outlook amid a $6 billion increase in expected annual fuel costs. Strong premium travel demand and loyalty revenue provide support, but weakening free cash flow raises questions about whether the airline's valuation adequately reflects its financial risks.