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Delta Air Lines is set to report earnings Friday, with analysts focused on whether higher jet-fuel prices and stronger airfares can keep offsetting rising costs. Wall Street expects third-quarter EPS of $1.81 on revenue of $17.7 billion.
Bank of America Securities (BofA) analyst Andrew G. Didora has adopted a more positive outlook on U.S. airlines ahead of second-quarter earnings, citing strong demand, stable fares, and lower fuel prices as key sector supports. BofA noted that spring fare increases have mostly persisted, and stable summer capacity is e