It is on track to make money in 2018, but high regulatory costs and shifting market dynamics that put East Coast refineries at a disadvantage have made the plant more of a hassle than Delta anticipated, analysts say, even if fuel prices are on the rise. Delta, currently the No. 2 U.S. carrier by traffic, was the first U.S. airline to make its own fuel. The refinery, which is run by a subsidiary, generated $5 billion of Delta’s $41 billion in revenue last year. Margins have been slim. Delta still wants the refinery’s jet-fuel output but doesn’t need the diesel or gasoline it produces. Chief Financial Officer Paul Jacobson said in a statement earlier this month that Delta wants to see if there are other arrangements that would “maximize the value of other aspects of the refinery for a potential joint venture partner.” Some analysts saw that as a […]