Forbes | How Cheap Oil Has Delta Air Lines Jet Fooled Forbes Back then oil prices were stubbornly high–more than $90 a barrel. Its planes were burning the equivalent of 260,000 barrels a day, representing a third of total costs. At the time, Delta figured, $2.2 billion of the $12 billion a year it was spending ... Oil traders are hedging their bets How Delta managed to lose $1.4B on oil Air fares unlikely to fall alongside oil prices, experts say |