Delta hits record profits and airline stocks bounce
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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.
Delta on Thursday reported a second-quarter profit of $2.13 billion, up 63% from a year earlier, when the industry was struggling with a glut of open seats on domestic flights. On an adjusted basis, its earnings fell 10% from a year earlier but still outpaced what analysts expected.
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.
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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.
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Stocktwits on MSNDelta Stock Falls On Reports Of Airline Stripping Its Airbus Fleet In Europe To Power Grounded Aircraft In USDelta Air Lines Inc. (DAL) is reportedly cannibalizing its Airbus SE (EADSY) jets in Europe for engines to fit them onto its grounded aircraft in the U.S. According to a Bloomberg report, Delta Air Lines is stripping its European aircraft to overcome a shortage of engines as well as uncertainty resulting from President Donald Trump’s tariffs.
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 could be adding a basic version of its higher-end fares, and teased a growing number of premium seats in the future.