Delta Air Lines Takes Off Again: new Confidence Despite Adjusted Forecasts

Delta Air Lines makes a splash at the start of the US earnings season. After months of uncertainty, the airline returns with surprisingly solid numbers – and even more importantly: It gives its investors a renewed outlook. Earnings per share in the second quarter were slightly above expectations at $2.10, while revenue climbed to $15.51 billion. Most importantly, Delta has reactivated its annual forecast for 2025 – albeit at a lower level. The stock reacted promptly with a jump of 12%. Down-to-earth forecast Back in January, Delta CEO Ed...