This is very much part of our Jet Forward strategy. Um, we've been working very hard for the last several quarters on really turning towards premium and trying to make sure that we're offering more opportunities for customers who want to pay a little more and the lounge is part of that. Our transition to a first class product next year, a domestic first class product would be part of that.Our premier card um or even more as a cabin. Um, and really excited to start seeing all of that come to life in 2026. Al ...

Core Insights - Delta Air Lines reported a strong recovery in the third quarter with a revenue growth of 4.1% year over year, driven by premium offerings, corporate travel, and loyalty programs [3] - The airline achieved a record third quarter revenue of $15.2 billion and updated its full-year outlook to between $3.5 billion and $4 billion [4] Revenue Breakdown - Premium revenue increased by 9% year over year, while main cabin revenue decreased by 4% year over year [4] - Loyalty revenue also saw a growth of 9% year over year [4] Strategic Focus - Delta's strategy has shifted towards enhancing loyalty programs and premium offerings, which has shown resilience amid previous uncertainties [5] - The airline is expanding its premium seating through retrofits and new aircraft deliveries, increasing the mix of premium seats [5] Customer Retention - Delta's retention rates for premium product customers are in the mid-80% range, indicating strong customer loyalty [7] - The company emphasizes a relentless focus on improving customer experience, which is central to its industry leadership [7]

Airline Performance & Outlook - Delta Air Lines achieved a slight beat on earnings, but guidance reflects concerns about the broader economy [1] - Revenue is holding, suggesting a positive outlook for all airlines, especially full-service carriers [2] - Reinstatement of full-year guidance is driving positive premarket trading activity, indicating that significant pessimism may already be priced into the airline sector [5] Market Segmentation & Trends - A divergence is expected between airlines catering to higher-income individuals with premium offerings and those with budget-friendly approaches [3] - Premium offerings are outperforming, benefiting larger, full-service carriers [4] - Budget and ultra-low-cost carriers are reducing capacity, which should improve their profitability, although it's still early in the process [4] External Factors & Tailwinds - Big full-service carriers are benefiting from strong foreign travel into Europe, acting as a tailwind for the "big three" in the U S [6] - There is general concern and pessimism within the airline sector [5][6]