Airlines Confidential · Wednesday, July 15, 2026
Delta Air Lines's profits were partially offset by rising fuel costs, but a significant portion of its net income came from its oil refinery. The refinery contributed $577 million, or 36%, of Delta's $1.6 billion net income.
“Delta said that $577 million of its $1.6 billion in net income came from the refinery.”
“So that's like 36% of their earnings.”
“I mean, they're not an oil company that happens to fly airplanes, they're an airline and now they're getting, getting it up over 50%.”