"Delta Air Lines' CEO Optimistic as Company Reports $2 Billion Quarterly Profits"

TL;DR Summary
Delta Air Lines exceeded Q4 earnings expectations, with adjusted net income of $828 million and revenue of $13.7 billion, attributing the success to the busiest holiday travel period in its history and record-high cash sales. CEO Ed Bastian expressed optimism for 2024, citing a strong start and projecting earnings per share between $6 and $7. The airline industry is navigating challenges such as supply chain delays and higher costs, while observing consumer trends in the experience economy. Delta's performance sets the stage for upcoming earnings reports from United Airlines and American Airlines.
Topics:business#businessaviation#ceo-ed-bastian#delta-air-lines#post-pandemic-recovery#q4-earnings#travel-industry
- Delta tops Q4 expectations, CEO says 2024 'off to a flying start' Yahoo Finance
- Delta Air Lines (DAL) Q4 2023 earnings CNBC
- Delta books $2 billion in quarterly profits and CEO Ed Bastian sees more blue skies ahead ABC News
- Delta CEO Says U.S. Flyers Still Booking Overseas Trips The Wall Street Journal
- Delta Air Lines announces December quarter and full year 2023 financial results Delta News Hub
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