Delta posts strong earnings in tough quarter for US airlines

Delta Air Lines announced strong earnings for the first quarter, surpassing Wall Street’s predictions. The company reported adjusted earnings of $380 million, up 75% from the previous year. Despite a 2% decline in average revenue per mile, Delta achieved a record revenue of $12.6 billion. The airline expects to see record revenue in the second quarter but anticipates thinner profit margins. It aims to reach full-year earnings per share of $6 to $7. Delta has been less affected by Boeing’s issues compared to its competitors. Concerns about airline safety have risen, but Delta prioritizes safety.