EconomyLens.com
No Result
View All Result
Friday, June 13, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Delta eyes record Q2 on still-strong demand

Andrew Murphy by Andrew Murphy
April 10, 2024
in Business
Reading Time: 3 mins read
A A
0
19
SHARES
238
VIEWS
Share on FacebookShare on Twitter

Delta Chief Executive Ed Bastian said travel demand remains strong as the carrier forecast a record second quarter. ©AFP

New York (AFP) – Delta Air Lines reported another round of strong earnings on Wednesday as it forecast a record second quarter based on consistently strong travel appetite.

Related

War, trade and Air India crash cast cloud over Paris Air Show

One survivor after London-bound plane with 242 on board crashes in India

India plane crash: What we know

Germany’s BioNTech to buy CureVac to boost cancer research

787 Dreamliner is Boeing’s flagship long-distance plane

“Consumer demand is robust and premium trends remain strong,” Delta President Glenn Hauenstein said on a conference call with analysts.

The big US carrier described consumer taste for travel as still unwavering, with business travel taking “another meaningful step forward this year” after the doldrums of the pandemic years, said Chief Executive Ed Bastian.

Delta reported first-quarter profits of $37 million compared with a loss of $363 million during the same period last year.

Revenues rose eight percent to $13.8 billion.

Delta, which leads consumer surveys on airline favorability, confirmed its full-year profit forecast as company officials expressed confidence in reducing the company’s debt level.

Delta officials said the industry still faces challenges to expand capacity, in part because of limited air traffic control staff at New York area airports. Another concern facing airlines is the recent rise in oil prices, which could add to fuel price costs in the coming period.

Shares of Delta dipped 0.2 percent in late-morning trading.

© 2024 AFP

Tags: aviationbusiness travelrevenues
Share8Tweet5Share1Pin2Send
Previous Post

Hot US inflation data hits Wall Street stocks, lifts dollar

Next Post

Why Governments and Businesses Need to Plan Ahead and the Importance of Risk Management

Andrew Murphy

Andrew Murphy

Related Posts

Business

Ryanair says will fine ‘disruptive passengers’ 500 euros

June 12, 2025
Business

Fizzled out: French winemaker risks prison over champagne fraud

June 11, 2025
Business

French Tesla customers sue over brand becoming ‘extreme right’

June 10, 2025
Business

TikTok says to increase investment in Britain

June 9, 2025
Business

Warner Brothers Discovery will split company to build streaming

June 10, 2025
Business

EU states look to trim compensation for flight delays

June 6, 2025
Next Post

Why Governments and Businesses Need to Plan Ahead and the Importance of Risk Management

US Fed officials raised inflation concerns, but still expected rate cuts in 2024: minutes

Panama plans dry alternative to drought-hit canal

Germany's Scholz between tough talk and trade on China trip

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

71

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Spain economy minister urges fair, balanced EU-US tariff deal

June 13, 2025

Startups show off ocean-preserving tech at Paris trade fair

June 13, 2025

War, trade and Air India crash cast cloud over Paris Air Show

June 13, 2025

Airlines halt many Middle East flights after Israel hits Iran

June 13, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.