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Bloomberg Podcasts · Consumer Demand Ticking Up Despite Costs, Says Delta CEO
- 1. Jet fuel prices have doubled due to recent conflicts, costing Delta over $2 billion this quarter.
- 2. Delta's premium consumer base remains incredibly resilient, with demand ticking up despite global conflicts.
- 3. Delta sees its people as its most important asset, investing by increasing annual wages 4%.
- 4. The airline industry rationalizes; companies with poor products or strategies, like Spirit, are struggling.
- 5. Delta, fundamentally a technology company, uses AI for augmented intelligence and invests in sustainable aviation.