The airline Delta Air Lines is traditionally one of the first companies to release quarterly figures when the American reporting season gets underway. In terms of results, they positively surprised with a profit per share of 1.71 dollars, clearly above market expectations.
The company's CEO Ed Bastian also states that they do not see any decreased demand. Just like competitor United Airlines, Delta has recently chosen to make investments towards business travelers to distance themselves from budget competitors such as Southwest Airlines.
This has also yielded results with a nine percent increase regarding business travelers during the third quarter. The company also notes that in a survey, nine out of ten companies responded that business travel will increase in 2026.
The company is now forecasting growth of between 2-4 percent for the fourth quarter.
The stock is rising 5.0 percent in pre-trading on the New York stock exchange and is pulling competitors such as American Air, up 3.6 percent, and United Airlines, up 3.5 percent, along with it.
