Delta Air Lines says it made $1.11 billion in the third quarter, thanks to planes that were packed with travelers this summer. International flights were especially profitable. The airline said Thursday that it expects its revenue to keep rising into the busy holiday season. U.S.
Planes packed with summer travelers boosted Delta Air Lines to a $1.11 billion profit in the third quarter, and the carrier said Thursday that it expects revenue to keep rising into the holiday season.
The Atlanta-based airline predicted ranges for fourth-quarter and full-year profit that mostly exceed Wall Street expectations. Revenue from ticket sales in the main cabin grew 12% — and 17% for premium seating. Money from Delta’s loyalty program soared 21%. Delta’s third-quarter profit, adjusted to exclude one-time items, was $2.03 per share, 8 cents better than forecast by analysts in a FactSet survey. Revenue rose 11% to $15.49 billion, also beating expectations.
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