EconomicsHigh impact
Delta Air Lines Q2 Earnings Call Highlights
finance.yahoo.com·ayer·Global·1 min read
Source: finance.yahoo.com
Delta Air Lines (NYSE:DAL) reported record June-quarter revenue and better-than-expected profitability, with executives telling analysts that strong demand, fare momentum and diversified revenue streams are supporting the carrier’s full-year outlook despite a sharp increase in fuel costs.
Chief Exe Bastian said elevated fuel prices have accelerated structural change across the airline industry, forcing carriers to recapture cost inflation more quickly thro...
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