Delta Air’s Ticket Sales Improve, Reinstates Initial Q3 Revenue View

Delta Air’s Ticket Sales Improve, Reinstates Initial Q3 Revenue View
Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Ala., on March 25, 2020. Elijah Nouvelage/Reuters
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BOSTON―Delta Air Lines said on Sunday that its ticket sales had stabilized and started to improve, putting it on course to deliver third-quarter revenue within its original forecast for a 30 percent-35 percent drop versus corresponding 2019 levels.

This is an improvement from its projection last month when it adjusted the forecast to the lower end of that range after a resurgence in COVID-19 cases. The airline is due to report results for the quarter through September on Oct. 13.