Reported about 8 hours ago
Delta Air Lines demonstrated robust performance in Q3, reporting adjusted revenues of $15.197 billion, surpassing expectations and up 4.1% year-on-year. CEO Ed Bastian highlighted a significant improvement in revenue outlook, projecting full-year adjusted EPS around $6.0, above analyst predictions. The airline sees growth driven by premium travel and corporate sales, with a Q4 forecast of increased revenue and operating margins. Despite operational challenges due to a government shutdown, Delta maintained high service levels in early October.
Source: YAHOO