Analysis: Delta's Refinery Bid Looks Better On Second Glance

NEW YORK (Reuters) - Delta Air Lines' expected bid to buy a Pennsylvania oil refinery has had people in both industries joking that a company from the money-losing airline sector would be right at home in the money-losing world of East Coast refining.

BING NEWS:
  • Analysis: Delta's refinery bid looks better on second glance
    Delta Air Lines' expected bid to buy a Pennsylvania oil refinery has had people in both industries joking that a company from the money-losing airline sector would be right at home in the money-losing world of East Coast refining. But with the deal to ...
    04/15/2016 - 6:33 pm | View Link
  • Delta Refinery Purchase Promises Fuel Savings, But Also Hidden Expenses
    The Atlanta-based carrier said on Monday that its Monroe Energy unit will buy the currently shuttered Trainer, Pennsylvania refinery complex near Philadelphia ... firm on Long Island, NY, called Delta’s move “very creative hedging” of its fuel ...
    05/2/2012 - 5:00 am | View Link
  • Analysis: Delta's expected bid for refinery makes sense
    Atlanta-based Delta Air Lines, Inc.'s (NYSE: DAL) expected bid to buy a Pennsylvania oil ... Reuters points out. And while Delta’s purchase of ConocoPhillips' (NYSE: COP) Pennsylvania refinery would be the first airline to buy into the sector, other ...
    04/29/2012 - 9:35 pm | View Link
  • Analysis: Delta's refinery bid looks better on second glance
    And while news of the bid surfaced only a month ago, it doesn't seem to be a hasty decision. Delta sent a team of experienced refinery specialists to examine ... The hub accounts for 7 percent of Delta's U.S.-based flights. And Delta has just expanded ...
    04/29/2012 - 5:07 pm | View Link
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