Group 1 - Delta Air Lines has reiterated its full-year and current-quarter earnings outlook, expecting steady American travel demand [1][2] - The airline raised its Q3 revenue forecast minimum estimate to 2%, up from 0%, while maintaining the maximum projection at 4% [1] - Air travel demand has rebounded, with a 4% increase in airfares reported in July, indicating optimism among airline executives regarding the industry's capacity to increase ticket prices [3] Group 2 - The favorable sentiment in the airline industry contrasts with earlier predictions at the beginning of the year, when US carriers anticipated lower travel demand due to tariffs and spending cuts [2] - Delta Air Lines, established in 1924 and headquartered in Atlanta, Georgia, is a global provider of passenger and cargo air transportation [4]
Delta Air Lines (DAL) Reiterates Annual Profit Outlook as Travel Demand Remains High