Airlines Defy Iran Oil Surge: Delta, AA Boost Forecasts

Picture this: Oil prices are spiking thanks to the Iran conflict, diesel's hitting $5 a gallon in spots, and everyone's bracing for pain at the pump. Yet here come Delta and American Airlines, not flinching—they're actually raising their revenue outlooks. If that's not resilience, what is?

Airlines live or die by fuel costs, which eat up about a third of their expenses. With the Middle East in flames, you'd expect slashed forecasts and grounded dreams. Instead, these carriers are betting big on...