Delta Air sees profit boost
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Airlines stocks took off on Thursday, boosted by Delta reporting better-than-expected earnings and reinstating its full-year guidance. Here are the key chart levels to monitor for shares of three major U.
Airline executives are turning their focus to premium cabins, where demand is holding up better than in the back of the plane.
After withdrawing its outlook in April, Delta is again forecasting a profit—though at a significantly lower level than originally projected.
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A Delta jet, carrying nearly 300 travelers and crew, incurred engine problems over the Atlantic before landing on an island in the middle of the ocean where passengers had to spend the night, officials said Thursday.
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The airline’s upbeat outlook for the year has been dimmed by economic turbulence in the U.S. that made people hesitant to book flights.
Delta Flight 127, which departed Madrid, Spain diverted to the volcanic island of Terceira in the Azores. Passengers were stranded 29 hours there.
Delta Air Lines reinstated a profit outlook for the year and said travelers are coming back, prompting its stock to surge amid a fresh sense of confidence in the beaten-down U.S. consumer.
Delta flight 127 was flying from Madrid to New York on July 6, but was forced to make an emergency landing on the small remote island in the middle of the Atlantic Ocean.
Delta Air Lines was one of the top-performing stocks in the S&P 500 Thursday after the carrier reported better second-quarter results than analysts had expected and reinstated its full-year outlook.
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.