From Quartz.

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Delta Air Lines and American Airlines raised first-quarter revenue forecasts Tuesday as accelerating demand outweighed higher fuel costs stemming from the Iran war.
American now projects Q1 revenue to grow more than 10% year over year, above prior guidance, and expects adjusted loss per diluted share at the lower end of its initial range, assuming jet fuel costs near $2.75 a gallon.
Delta lifted its Q1 revenue growth outlook to high single digits, projecting $15–$15.3 billion in revenue while maintaining earnings guidance amid mid-single-digit unit revenue growth.
CEOs Robert Isom and Ed Bastian cited strong bookings, with demand absorbing about a $400 million fuel hit.
Shares in both carriers were up more than 4% shortly after markets opened Tuesday. #aviation #airlines #revenuegrowth #traveldemand #fuelcosts

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