Delta Air sees profit boost
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The airline’s upbeat outlook for the year has been dimmed by economic turbulence in the U.S. that made people hesitant to book flights.
After withdrawing its outlook in April, Delta is again forecasting a profit—though at a significantly lower level than originally projected.
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.
Delta Air Lines executives say they believe the current slump in domestic air travel will pass soon, prompting the carrier to restore a full-year earnings forecast that it scrapped this spring amid market volatility.
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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.
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Hosted on MSNDelta Stock Surges 10% Premarket As Airline Reinstates 2025 Profit Guidance After Trump Tariff Clouds Nearly Clear OutDelta Air Lines (DAL) on Thursday issued a new profit forecast for 2025, which came in above Wall Street expectations as the carrier expects travel to stabilize in the latter half of the year after U.