Delta Air Lines cuts outlook after Q3 miss as fuel costs climb; Musk-Delta Starlink dispute escalates

Delta reported a weaker-than-expected Q3 and cut its outlook, citing a sharp increase in fuel costs, reinforcing margin pressure risk for airlines and sensitivity to energy inputs. Separately, Elon Musk's public criticism after Delta declined a Starlink partnership adds reputational noise but is secondary to earnings and cost headwinds. Near-term focus is likely on sector read-through and fuel-cost pass-through dynamics.