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Delta Air Lines Shares Jump 6.51% After Higher Q1 Revenue Outlook

The airline cited exceptionally strong consumer and corporate travel demand even as rising oil prices pushed jet fuel costs higher.

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Terms & Concepts
  • Q1 revenue outlook: A company’s forecast for first-quarter sales, used by investors to gauge near-term business performance.
  • Jet fuel costs: Airline operating expenses tied to aviation fuel prices, which often rise when crude oil prices increase.