Buy DAL by Jun 7, 2026.

Every time oil spikes people just say airlines are bad and move on. And yeah, for most of them that's right. Fuel is 20-25% of operating costs, Brent goes to $100, and the financials get ugly. But Delta is a genuinely standout company in the best way and I don't see this discussed. They own a refinery. A crude oil refinery in Pennsylvania. When jet fuel prices spike because crude spikes, Delta captures some of that refining margin directly instead …