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Delta Air Lines Weathers The Storm: CEO Expects 'Demand To Accelerate' To Wrap 2025
DeltaDelta(US:DAL) Benzingaยท2025-07-10 22:56

Core Viewpoint - Delta Air Lines reported better-than-expected second-quarter earnings, leading to a 12% surge in its stock and boosting investor confidence across the airline sector [1][5]. Financial Performance - Delta's adjusted earnings were $2.10 per share, exceeding expectations of $2.05 [1]. - Passenger revenue increased by 26% to $13.88 billion, while total operating revenue for the quarter reached $16.65 billion, surpassing the consensus estimate of $16.18 billion [2]. Market Sentiment - The positive earnings report resulted in a rally for other airline stocks, with United Airlines shares rising by 14.3% and American Airlines increasing by 12.7% [6]. - CEO Ed Bastian indicated that Delta's premium and loyalty segments are showing resilience, which is helping to mitigate some softness in the main cabin [3]. Future Outlook - Bastian expressed optimism about improving consumer and corporate confidence in the second half of the year, which is expected to drive travel demand [5]. - The CEO also mentioned that the anticipated passage of Trump's tax and spending bill and progress in trade negotiations could restore economic certainty [4].