Delta hits record profits and airline stocks bounce
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The airline expressed confidence after a rocky first half of the year and forecast a stronger third quarter than analysts expected.
Delta Flight 127, which departed Madrid, Spain diverted to the volcanic island of Terceira in the Azores. Passengers were stranded 29 hours there.
Airlines stocks took off on Thursday, boosted by Delta reporting better-than-expected earnings and reinstating its full-year guidance. Here are the key chart levels to monitor for shares of three major U.
The carrier will report earnings Thursday, providing an update on the health of the travel sector and the U.S. economy.
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Delta Air Lines said on Thursday its bookings have stabilized, prompting it to forecast a brighter profit outlook for coming quarters, even as
Delta second quarter results, the first from the airline industry, continued a trend of increased revenue from premium segments and diminished domestic revenue.
Delta Air Lines CEO Ed Bastian is predicting a “good summer” as the US carrier’s confidence appeared to return with the release of its latest financial results.
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Stocktwits on MSNDelta Stock Falls On Reports Of Airline Stripping Its Airbus Fleet In Europe To Power Grounded Aircraft In USDelta Air Lines Inc. (DAL) is reportedly cannibalizing its Airbus SE (EADSY) jets in Europe for engines to fit them onto its grounded aircraft in the U.S. According to a Bloomberg report, Delta Air Lines is stripping its European aircraft to overcome a shortage of engines as well as uncertainty resulting from President Donald Trump’s tariffs.
Last fall, Delta executives first revealed the company had begun using AI on a small sliver of its bookings; at the time, AI tools were only involved with about 1% of the airline's network, leaders shared on Delta's November 2024 investor day presentation.