Delta reports strongest earnings since pandemic hit

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Delta Air Lines has forecast a 'meaningful' profit for the full-year as robust travel demand helped it post its strongest quarterly earnings since the start of the pandemic.

Delta Air Lines has forecast a"meaningful" profit for the full-year as robust travel demand helped it post its strongest quarterly earnings since the start of the pandemic.

That was below analysts' expectations of $1.73 per share, according to Refinitiv, yet still marked the carrier's best performance since 2019."This is an industry that hasn't seen demand in a material way for two years, and so we have a lot of consumers with a tremendous urge and desire to travel," Chief Executive Ed Bastian said in an interview.

Rival American Airlines on Tuesday forecast its first quarterly profit since the onset of the pandemic."The demand is going to continue to hold fairly well through the fall and into the winter," Bastian said.

 

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