Delta Air Lines releases earnings Outlook
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The carrier will report earnings Thursday, providing an update on the health of the travel sector and the U.S. economy.
Delta Air Lines, the world’s largest carrier by revenue, reported upbeat second quarter results and reinstated its guidance as growing economic clarity deflects headwinds resulting from a global trade war.
Delta Air Lines shares surged after beating Q2 expectations and reinstating its full-year profit forecast. Stabilized demand, strong premium sales, and a positive Q3 outlook boosted investor sentiment across the airline sector.
Delta Air Lines boosts Wall Street as stock indexes rise; airline sector surges, and earnings season begins with upbeat momentum.