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Delta Reports $1.4bn Profit Amid High Airfares Expected to Persist

Earnings·2 articles across 2 outlets

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Delta Airlines reported a profit of $1.4 billion for the second quarter, driven by elevated airfares and strong travel demand. Despite experiencing its highest quarterly fuel expense in history, the company anticipates that higher airfare prices will continue, even with a recent drop in oil prices.

Delta is the first of the U.S. airlines to report second-quarter results, indicating a robust appetite for travel and record-high revenue in its quarterly results.

Delta Airlines

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