Why airline ticket prices haven't decreased despite falling fuel costs? Delta responds

Delta Air Lines has confirmed that airfare prices will remain high despite a decline in fuel prices, due to strong passenger demand, especially from high-spending travelers, which supports the continuation of elevated prices. The airline stated that the average ticket prices increased by approximately 11-12%, with this trend expected to persist, even though fuel costs are projected to decrease by about 20% in the current quarter. The company recorded a rise in passenger revenue of $1.7 billion and total revenue of $3.1 billion, despite a decline in net profits of around $358 million.

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