Delta takes US$350 million gamble on renewable fuel obligations
Having reported an overall adjusted net loss of US$2.26 billion for the quarter ended March 31, a loss for the fifth quarter in a row, Delta Air Lines (Delta) has run up a debt of US$346 million in unpurchased credits through Monroe Energy, a 185,000-barrel-a-day Delta-owned refinery. In the meantime, Delta is looking to convince […]
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