Delta Air Lines said on Thursday its bookings have stabilized, prompting it to forecast a brighter profit outlook for coming quarters, even as

Delta Air Lines said on Thursday its bookings have stabilized after a sharp pullback in March and April, but are at a lower level than the company's estimates at the start of the year.

Delta Air Lines Inc.’s stock soared in morning trading Thursday after the air carrier topped Wall Street’s estimates for second-quarter profit and revenue and restored its full-year guidance.