Delta raises 2019 profit outlook on strong demand as rivals grapple with Boeing 737 Max grounding – CNBC

Delta raises 2019 profit outlook on strong demand as rivals grapple with Boeing 737 Max grounding - CNBC

Strong travel demand, particularly for premium cabins, helped drive Delta’s second-quarter profits higher.

Delta Air Lines shares rose Thursday after the Atlanta-based carrier raised its profit forecast for the year as travel demand continues to climb. Its CEO said the airline is also benefiting from the grounding of competitors’ Boeing 737 Max planes.
Delta said… [+2310 chars]
Read More

Shelly Spencer

Shelly Spencer

Business Journalist,Merchant Cash Advance 360