NEW YORK (AP) — Delta Air Lines reported strong profit and revenue growth for the busy summer travel season and expects that momentum to carry through to the end of the year.
Revenue momentum picked up during the quarter as some uncertainty started to clear concerning tariffs and the economy, said CEO Ed Bastian, in a interview with CNBC. Domestic air travel was under the most stress throughout the year and that experienced a recovery. Corporate travel increased.
Premium consumers remain the company’s focus and have been fueling revenue and profit. Lower-end consumers have been “clearly struggling,” Bastian said.
“There were way too many seats in the marketplace earlier this year chasing low-end consumers,” he said.
The third-quarter results topped Wall Street forecasts and Delta shares rose 4.3% in afternoon trading.
Bastian doesn’t expect the U.S. government shutdown to currently have much of an impact, but that could shift depending on the duration. He expects strong holiday travel along with improvements in transatlantic travel.
“There is so much momentum in the marketplace to travel,” he said.
Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Earnings brief: Delta sees momentum through year end driven by premium customers WHEC.com.
Hence then, the article about earnings brief delta sees momentum through year end driven by premium customers was published today ( ) and is available on News10NBC ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Earnings brief: Delta sees momentum through year end driven by premium customers )
Also on site :
- ‘The Princess Bride’ Star Cary Elwes Shares Tribute to Rob Reiner: ‘From That Very First Meeting I Fell In Love With Him’
- Passengers stuck on Delta flight for more than two hours after landing at Rochester airport
- A Shockingly Recent Year Just Cracked the Top 5 of Rock's Most Legendary Years