Reported about 3 hours ago
Delta Air Lines reported third-quarter results that missed earnings estimates, with revenues of $14.59 billion below expectations. Analyst Jarrett Bilous explains that the CrowdStrike tech outage affecting Delta's performance is considered a 'one-time item,' noting positive industry trends in supply and demand. He also discusses the struggles of ultra-low-cost carrier Spirit Airlines and its implications for the broader airline sector.
Source: YAHOO