Delta Air Lines reaffirms annual profit forecast on sustained travel demand

Image


Delta has reaffirmed its annual profit forecast, citing sustained U.S. travel demand, and raised the lower end of its third-quarter revenue outlook from 0–4% to 2–4% growth. This optimism comes after concerns earlier in the year over tariff pressures and federal budget cuts dampening travel sentiment. The airline noted that airfares rose about 4% in July, and more Americans are taking advantage of both domestic and international vacation deals. While economy-class seats remain a weak spot, strong revenue from corporate and premium travel is helping offset those challenges. Delta’s confidence reflects a broader trend of recovery in travel demand and pricing power across the industry.

www.reuters.com
0
Comments0

0 Comments

Login
No comments yet. Be the first to comment!

Popular This Week