Delta Reaffirms Profit Guidance as Premium Demand Rises

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Delta Air Lines reaffirmed its full-year profit guidance citing strong demand in premium, corporate, and international travel segments. Despite facing the highest quarterly fuel expenses ever, the airline's earnings and outlook exceeded Wall Street expectations.

Delta Air Lines Inc. reaffirmed its full-year profit guidance and said strong demand for premium, corporate and international travel helped offset the highest quarterly fuel expense in its history, Stephen Trent, president and founder of SDT Capital Advisors, says the earnings and guidance were solid and shows the carrier surprised some on Wall Street. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)