Airlines Buying Refineries – Pros and Cons

… The biggest news in the airline sector of late is probably the announcement by Delta Air Lines, Inc. (NYSE:DAL) to buy a Phillips 66 refinery in Trainer, PA.  Delta will pay $150 million for the 180,000 barrels per day (bpd) Related posts: Southwest Airlines Earns Small Profit on Big Hedging Contract GainPinnacle Airlines (PNCL) – Ready for Takeoff?Cara Denver Jacobsen Likes Tam AirlinesThe...