Delta forecasts quarterly earnings ahead of expectations, focuses on efficiency as growth steadies
Publishing timestamp: 2024-04-10 11:28:18
Summary
Delta Air Lines swung to profit in the first quarter with record sales, forecasting strong earnings for the second quarter. CEO Ed Bastian mentioned that bookings for both leisure and business travel are strong as peak travel season approaches, despite inflation. The company also reiterated its full-year forecast and is focusing on efficiency after a hiring spree post-pandemic.
Sentiment: POSITIVE
Tickers: DAL,
Keywords: markets, ed bastian, business, breaking news: business, breaking news: markets, business news, airlines, life, earnings, travel, delta air lines inc, aerospace and defense industry, dividends, transportation,
Source: https://www.cnbc.com/2024/04/10/delta-air-lines-dal-q1-2024-earnings.html