Delta reports strong Q3 earnings, CEO sees 'significant improvement' in revenue outlook
Delta Air Lines (DAL) posted strong third quarter results Thursday morning as improving fundamentals in its business are expected to flow through the end of the year. Delta's stock rose over 7% in early trading, leading stocks of other airlines higher. United Airlines (UAL), American Airlines (AAL), and JetBlue (JBLU) shares all rose over 2%. For the quarter, Delta posted adjusted revenue of $15.197 billion against estimates for $15.08 billion, per Bloomberg consensus, and up 4.1% compared to a year ago. ...