Delta Air Lines flies record number of passengers in June, boosts profit guidance
Delta Air Lines flew 18.9 million customers in June, the company said on Tuesday, an all-time monthly record that comes as rival carriers scramble to adjust schedules to accommodate the grounding of Boeing’s Max fleet.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DAL | DELTA AIR LINES INC. | 47.85 | -0.03 | -0.06% |
Unlike American Airlines, Southwest Airlines and United Airlines, Delta does not fly the beleaguered jet that was taken out of service after two fatal crashes.
Of the total, the Atlanta-based carrier flew nearly 698,000 people on June 21st, a single-day record.
Delta now expects its second-quarter profits to hit as high as $2.35 per share, on the high-end of the guidance previously provided by the company, while total revenue is expected to increase up to 8.5 percent – up from the previously expected 8 percent growth.
CLICK HERE TO GET THE FOX BUSINESS APP
Unit-revenue, a closely watched metric for airline success, is projected to improve by 3.5 percent, also on the high-end of prior guidance. Capacity is expected to jump 4.7 percent.