Bloomberg Delta Air Lines Inc spurred a rally among airline and leisure stocks as it said a strong rebound in summer travel bookings will help the carrier overcome rising fuel costs and a slow return of business travel. While the airline posted a first-quarter loss, it stood firm with previous projections that it would be profitable for the year’s remaining …

  Bloomberg Jet fuel supplies on the US East Coast have never been lower, despite producers boosting output amid rising demand. Inventories for the region are at a historic low in government data going back to 1990. Nationally, stockpiles are at their lowest on a seasonal basis since 2004. Meanwhile, implied jet fuel demand based on a four-week average rose …

Bloomberg Australians traveling for the Easter break are again anticipating hour-long waits as the nation’s largest airports and airlines continue to battle a staffing crisis. Sydney Airport has advised people traveling domestically to arrive more than two hours ahead of their scheduled flight — twice as long as usual — as it braces for 82,000 travellers to pass through its …