Delta Lifts Quarterly Sales, Profit Guidance - News Summed Up

Delta Lifts Quarterly Sales, Profit Guidance


Delta Air Lines Inc. raised its outlook for the June quarter, as it sees stronger demand from travelers leading into the summer travel season. The nation’s third-largest carrier by traffic on Tuesday said it expects second-quarter adjusted revenue to rise between 8% to 8.5% from the prior-year quarter, up from the 6% to 8% growth it previously expected. Delta said it expects its closely watched unit-revenue metric to improve by roughly 3.5%, compared with its previous guidance of rising between 1.5% and 3.5%.


Source: Wall Street Journal July 02, 2019 14:15 UTC



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