Delta Air sees profit boost
Digest more
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.
In an effort to equip older U.S. aircraft with new engines and to sidestep U.S. tariffs on imports from Europe, Delta Air Lines (NYSE:DAL) is stripping grounded Airbus A321neos of their Pratt & Whitney (RTX) engines and shipping them back to the U.
Airline executives are turning their focus to premium cabins, where demand is holding up better than in the back of the plane.
After withdrawing its outlook in April, Delta is again forecasting a profit—though at a significantly lower level than originally projected.
Explore more
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.
Delta Air Lines was one of the top-performing stocks in the S&P 500 Thursday after the carrier reported better second-quarter results than analysts had expected and reinstated its full-year outlook.
An Airbus A330 bound for New York diverted to Lajes Airport on a remote island following mechanical issues, with all passengers and crew members arriving safely.
Svetlana Dali, who was found guilty of stowing away on a New York flight bound for Paris last year, was sentenced on Thursday to time served with one year of supervised release.