Tag Archives: reserving

19Apr/20

Travel + Leisure Co Launches Online Reserving Platform

“Our Monroe refinery supplies a novel benefit, performing as a partial hedge to elevated cracks,” Daniel Janki, Delta’s chief financial officer mentioned in the course of the name. “This is particularly true with New York Harbor jet cracks, the place our production 100% offset.” However, market impacts from the Russian-Ukraine conflict have elevated the worth of oil, making jet gas Travel & Leasuire News dearer. Delta’s ownership of the one hundred ninety,000 b/d Trainer, Pennsylvania, refinery has offered some hedge to higher gas prices. “For the quarter, capacity was 83% restored versus 2019 and on the low finish of our preliminary information and beneath the business,” CEO Paul Bastian mentioned during Delta’s Q1 outcomes name April thirteen.

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