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Delta cuts 2018 forecast on higher fuel costs, profit beats estimates

Reuters India
Delta cuts 2018 forecast on higher fuel costs, profit beats estimates

(Reuters) - Delta Air Lines Inc slashed its full-year earnings forecast on Thursday as fuel costs in the second quarter surged 38.8 percent and the company said it expected $2 billion spike in its fuel bill in 2018. The No.2 U.S.carrier by passenger traffic cut its full-year earnings outlook to a range