Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights
CHICAGO, Oct 12 (Reuters) – Delta Air Lines (DAL.N) on Thursday reported stronger-than-expected quarterly profit on strong international travel, but trimmed its full-year outlook due to higher fuel costs.
The strong quarter comes against the backdrop of softening domestic demand, leading to worries that consumers are cutting back on travel spending amid the depletion of household savings, the resumption of student loan repayments and high interest rates.
Delta CEO Ed Bastian cautioned against interpreting that as a broader industry trend. In an interview, he said the demand for Delta’s products remain
Delta’s quarterly profit tops estimates on booming international travel
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