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Delta shares jump 11% after airline reinstates 2025 profit outlook as CEO says bookings stabilized - TL;DR CNBC

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

Tickers: AXPDAL

Keywords: ed bastianbusinessbusiness newsbreaking news: economyearningstravellifemarketseconomyaerospace and defense industryamerican express coairlinesbreaking news: businessbreaking news: marketstransportationdelta air lines inc

Source: https://www.cnbc.com/2025/07/10/delta-air-lines-dal-2q-2025-earnings.html


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