Delta Air Lines expects profit boost
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The Points Guy on MSNDelta inches closer to 'basic business,' hints at more premium seats in futureDelta Air Lines could be adding a basic version of its higher-end fares, and teased a growing number of premium seats in the future.
Lima — with its rich history and its proximity to iconic outdoor spaces — is the top South American city that people flying out of Salt Lake City are trying to reach, according to Delta. The two-month service will provide direct access, which the airline says is convenient not just for Salt Lake City but also for many other Western cities.
The airline expressed confidence after a rocky first half of the year and forecast a stronger third quarter than analysts expected.
Delta second quarter results, the first from the airline industry, continued a trend of increased revenue from premium segments and diminished domestic revenue.
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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.
Delta Air Lines regains momentum with raised guidance, dividend hike, and strong premium, loyalty growth. See why DAL stock is upgraded to buy.
For the most recent quarter, analysts expect Delta to report earnings of $2.03 per share on revenue of $16.18 billion for the upcoming quarter. This reflects a decrease compared to the same quarter last year when the company reported earnings of $2.36 per share on revenue of $16.66 billion.
Third-party revenue at Delta TechOps is back to pre-pandemic levels and poised to grow steadily in the coming years as the aftermarket specialist leverages its growing competence on both current-generation and legacy platforms.
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The Points Guy on MSNDelta now uses AI to price 3% of domestic flights. Soon, it may be 20%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.