Delta profits drop despite solid demand, hitting airline shares
Delta(DAL) Techxplore·2024-07-12 01:00
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Delta Air Lines reported lower profits as growth in operating expenses outpaced that of revenues. Delta reported lower quarterly profits Thursday despite still-strong travel demand as it moderated a plan to add capacity in the fall in light of industry overcapacity. The big US carrier, which saw jet fuel and salary costs incre ...