Delta Airlines Tops Earnings Estimates on Strong Premium Demand

Premium revenue was up 9 percent year over year, as Delta announced multiple efforts to expand its presence in the premium sector.
Delta Airlines Tops Earnings Estimates on Strong Premium Demand
A Delta Airlines aircraft makes its approach at Dallas-Fort Worth International Airport in Grapevine, Texas, on June 24, 2019. Tony Gutierrez/AP Photo
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Record quarterly revenue of $15.2 billion in the third quarter, a year-over-year spike of 4.1 percent, helped push Delta Air Line stock up by more than 4 percent by market close.

Delta on Oct. 9 announced that its quarterly earnings topped expectations, with ticket sales from premium, corporate, and loyalty customers increasing in all geographic areas. Those increases give it strong headway heading into the final quarter of the year, the Atlanta-based carrier said.
Rob Sabo
Rob Sabo
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Rob Sabo has worked as a business journalist for nearly two decades and covers a broad range of business topics for The Epoch Times.