For the final three months of this year, the Atlanta-based airline forecasts a bigger-than-expected profit, with revenue topping pre-pandemic levels.
Delta and other airlines have trimmed schedules and hired more workers to fix an understaffing problem that's caused many of this year's flight cancellations.Delta Air Lines expects travelers to pack planes during the upcoming holidays, despite higher fares and growing concerns over inflation and the economy.
“It’s going to be a very strong holiday season — Thanksgiving, Christmas, New Year’s,” Bastian said in an interview. “Consumers are still relatively healthy.” Some analysts are more cautious about airlines withstanding economic turbulence. An outsized share of air travel is being done for leisure by people who are now spending much more for basics like food and housing.
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