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Delta Air Lines and its Monroe Energy subsidiary are working with Barclays and Jeffries to explore opportunities to form a joint venture with the Trainer refinery to further enhance the benefits that the refinery provides to Delta's fuel operation. Under any potential joint venture Delta expects to retain an ownership ...
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With more than 5,000 flights per day on 1,250 aircraft, jet fuel is critical to Delta’s operation and performance. The airline uses about 3.9 billion gallons of fuel every year, and optimizing fuel use is a key focus of Delta’s innovative approach to the airline business model. The airline has ...
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Delta has once again proved the skeptics and naysayers wrong, according to a story in The Motley Fool, “Delta’s Refinery Bet is Finally Paying Off.” Delta acquired the Trainer refinery facility in Trainer, Pa., in 2012 as a means to hedge against Delta’s exposure to refining margins and to provide ...