Delta Air Lines soared to a record quarterly profit of more than $1.8 billion as summer vacationers packed planes, especially to international destinations, and the airline enjoyed a tailwind from falling fuel prices. Delta officials said strong demand for tickets has continued into the July-through-September quarter, when it expects revenue similar to the record second quarter. “That’s our bread and butter.”In the second quarter, Delta’s revenue from sales of premium seats and services rose 25% — better than the 18% gain in the main cabin. “You have to respect your resource capabilities, including those things you don’t control such as air traffic control.”Delta’s profit compared with earnings of $735 million in the second quarter of 2022. The quarter broke Delta’s previous record for net income, set in the second quarter of 2016.

Source: thestar July 13, 2023 11:16 UTC