Atlanta-based Delta Air Lines posted a second-quarter loss of $168 million, reversed from a $198 million profit in the year-ago period. The airline attributed the loss to market-to-market adjustments on open fuel hedges and other special items. “While we are experiencing cost pressures in the near term, we are implementing the structural initiatives, including the 717 transaction and Trainer refinery acquisition, needed to achieve better cost outcomes,” DL CFO Paul Jacobson ...

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