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Delta Lifts Guidance As Travel Boom Is Here To Stay

On Thursday, Delta Air Lines (NYSE: DAL) posted a quarterly earnings surprise and lifted its full year profit outlook as travel remains among top priorities for consumers. Delta posed its highest ever quarterly earnings as its bottom line benefited from strong international travel demand and lower fuel costs. Meanwhile on Wednesday, its rival United Airlines (NASDAQ: UAL) unveiled its nearly once-in-a-decade refreshment of seats as airlines continue to fight for premium passengers. Delta’s Lates ....

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Delta says travel boom is here to stay, raises earnings forecast

CHICAGO (Reuters) -Delta Air Lines CEO Ed Bastian on Thursday said travel has become the topmost priority for consumers, but capacity constraints at U.S. carriers will not let them catch up with demand for an "extended period of time," helping sustain the post-pandemic travel boom. His comments came hours after the Atlanta-based carrier lifted its full-year profit outlook for the second time in less than a month and posted the highest quarterly earnings in its history. Delta's shares were up 1.4 ....

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