Delta Air sees profit boost
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Delta, Atlantic Ocean and Terceira Island
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Shares of Delta Air Lines surged more than 10% in premarket trading Thursday after the carrier reported better second-quarter results than analysts had expected and reinstated its full-year outlook.
Stocks are off to a sluggish start on Wall Street, while Delta Air Lines led a rally in airline stocks after releasing a solid outlook for the rest of 2025.
The S&P 500 and the Nasdaq nudged lower on Thursday, as investors monitored developments around U.S. President Donald Trump's trade policies, while airline stocks jumped following Delta's upbeat forecast.
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With limited demand for lower-priced fares, carriers are poised to reduce domestic main-cabin capacity by about 1% by September, Delta Air Lines President Glen Hauenstein said Thursday.
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Axios on MSNDelta grows optimistic as consumer travel reboundsConsumers are showing renewed interest in travel, according to Delta Air Lines. Why it matters: It's a positive sign for the broader economy — several airlines, including Delta, had warned in March that travel spending was flagging.
In the June quarter, Delta delivered record revenue on a 13% operating margin, generating $1.8 billion in pre-tax profit," CEO Ed Bastian said.
President Trump will wield 50% copper tariffs on August 1 as he promises more to come with countries such as Brazil in the crosshairs. Delta’s good news, Nvidia scores the first $4 trillion market cap milestone,