Shares in Delta Air Lines slumped after the company revised its expectations higher for third-quarter and full-year nonfuel unit costs. Atlanta-based Delta on Oct. 2 revised its guidance for 3Q CASM-ex up to 2.5% year-over-year (YOY) from initial guidance of 1%-2%, citing higher employee costs, record passenger volumes and weather-related disruptions. For the full year, the company said it now expects CASM-ex to rise approximately 2% YOY, increased from earlier estimates of up 1%, ...

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