Delta shares jump 11% after airline reinstates 2025 profit outlook as CEO says bookings stabilized
Publishing timestamp: 2025-07-10 10:30:29
Summary
Delta Air Lines' third-quarter earnings and revenue forecasts topped estimates, but the company expects adjusted earnings for 2025 to be lower than previously forecasted. CEO Ed Bastian mentioned that bookings have stabilized after a drop in demand earlier this year. Delta shares rose 11% after the report, and other airlines also saw an increase in their stock prices. Delta is focusing on premium products and updating its offerings to attract more high-end travelers.
Sentiment: MIXED
Keywords: ed bastian, business, business news, breaking news: economy, earnings, travel, life, markets, economy, aerospace and defense industry, american express co, airlines, breaking news: business, breaking news: markets, transportation, delta air lines inc,
Source: https://www.cnbc.com/2025/07/10/delta-air-lines-dal-2q-2025-earnings.html