Despite summer travel slump, Delta stock soars
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Delta Air Lines shares jump
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Delta's revenue from premium seats like business class rose 6% in the first half of the year to $10.6 billion, while main cabin economy ticket revenue dropped 4% to $11.7 billion. The carrier, the most profitable U.S. airline, has said for years that its share of sales from high-end seats and its lucrative loyalty program has been growing.
Stocks are off to a sluggish start on Wall Street, while Delta Air Lines led a rally in airline stocks after releasing a solid outlook for the rest of 2025.
Delta Air Lines said on Thursday its bookings have stabilized, prompting it to forecast a brighter profit outlook for coming quarters, even as pricing pressures continue to weigh on industry margins.
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Newsable Asianet News on MSNDelta To Kick Off Q2 Airline Earnings: Wall Street Awaits Outlook Amid Trump Tariff UncertaintyAccording to Fiscal.ai data, analysts expect the company to post second-quarter EPS of $2.05 on revenue of $16.18 billion.