Delta Airlines was the first airline to report second quarter earnings on Thursday announcing record revenue and profit from the resurgence of travel and lower jet fuel expenses. Airport passenger volumes hit a new high on June 30, a day Delta said was its highest summer revenue day ever. DAL raised guidance with expected higher demand putting the airline on track to earn $2.20 to $2.50 a share, above what analysts are expecting. The company raised its guidance for the … Continue reading “Summer Loving, Delta Airlines Sees Record Revenues and Profit”
Delta Airlines was the first airline to report Q3 earnings on Thursday announcing record revenue from “tremendous demand” with the reemergence of corporate travel, offsetting soaring jet fuel expenses up 45% compared to 2019. DAL expects to run at 92% of the comparable 2019 capacity during the December quarter and set on fully restoring its network over the next six-to-nine months. Delta Airlines Earnings Q3 2022 earnings released at 6:15 a.m. ET; conference call at 10:00 a.m ET Adjusted net … Continue reading “Delta Airlines Sees Record Revenues Boosted by Corporate and European Travel with Strong Dollar.”
The Italian government has moved to take control of national carrier Alitalia, which it had an existimg stake in. This follows talk of an AirFrance KLM bailout and warnings by Qantas, American Airlines and United Airlines among others.
Delta Airlineswas the first airline to report Q1 earnings on Thursday lower on high jet fuel costs despite US airlines’ passenger count record high in 2017 . U.S. Airlines have been hurt by severe winter and spring storms on the East Coast..
Trade issues will be prevalent at this years ISTAT Americas conference with the U.S. administration’s steel and aluminum tariffs plan and Boeing’s and Canada’s Bombardier battle over its C Series jet.