Delta hits record profits and airline stocks bounce as passengers trade economy for luxury
Briefly

Delta hits record profits and airline stocks bounce as passengers trade economy for luxury
"Delta Air Lines experienced a significant recovery in its financial performance, posting record revenues of $15.5 billion for the second quarter, with pre-tax profits of $1.8 billion."
"Despite a downturn in economy seat bookings, demand for premium travel has surged, contributing positively to Delta's overall revenue, which rose by 5% in premium products."
Delta Air Lines reported record second-quarter revenues of $15.5 billion and pre-tax profits of $1.8 billion. This surge in profits follows the company's recovery since early 2025 when Delta's stock lost a third of its value. While bookings for economy seats declined by 5%, premium seat demand increased by 5%. CEO Ed Bastian emphasized that Delta's target consumer, earning over $100,000 annually, has significantly recovered financially post-pandemic, leading to a shift towards more premium travel experiences.
Read at Business Insider
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