Delta Air sees profit boost
Digest more
After withdrawing its outlook in April, Delta is again forecasting a profit—though at a significantly lower level than originally projected.
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'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 topped Wall Street expectations for the quarter and reinstated full-year guidance. The company is feeling much more upbeat about the quarters to come than it was three months ago, propelling the stock higher.
Explore more
Delta says flight attendants quickly extinguished a battery from a passenger’s personal electronic device on a flight from Atlanta.
Delta Air Lines Inc. issued a new profit target for this year after pulling the goal three months ago, in a sign that demand is bouncing back from the initial shock over US President Donald Trump’s tariff war.
Wall Street shifts between small gains and losses in premarket; Delta soars on improved 2025 outlook
U.S. financial markets were uneven before the opening bell on Thursday, even as Delta Air Lines kicked off earnings season with solid results and an improved outlook for the rest of 2025.