Delta hits record profits and airline stocks bounce
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Last fall, Delta executives first revealed the company had begun using AI on a small sliver of its bookings; at the time, AI tools were only involved with about 1% of the airline's network, leaders shared on Delta's November 2024 investor day presentation.
There were some rough skies for a couple months there, but Delta seems to think it has now punched through to the other side.
Delta Air Lines said on Thursday its bookings have stabilized, prompting it to forecast a brighter profit outlook for coming quarters, even as
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Delta Air Lines Inc. has been cannibalizing new Airbus SE jets in Europe by stripping off their engines and using them to get grounded planes in the US back into service, as it seeks to overcome a shortage and avoid aircraft import tariffs.
Delta Air Lines (NYSE: DAL) reports strong Q2 results and reinstates full-year 2025 guidance. High-margin revenue streams drive growth. BofA analyst raises price forecast. Analysts anticipate strong free cash flow and debt reduction.
Delta second quarter results, the first from the airline industry, continued a trend of increased revenue from premium segments and diminished domestic revenue.
Delta Air Lines will offer nonstop flights from Salt Lake City to Lima, Peru. The seasonal service begins Dec. 4, marking Utah's first direct link to South America. Utah officials celebrate the route as a boost for tourism, trade and cultural exchange.
Delta Air Lines CEO Ed Bastian is predicting a “good summer” as the US carrier’s confidence appeared to return with the release of its latest financial results.
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.