Planes packed with summer travelers boosted Delta Air Lines to a $1.11 billion profit in the third quarter, and the carrier said Thursday that it expects revenue to keep rising into the holiday season.
Profit was up 59% from a year earlier, as strong ticket sales — especially for premium seats and international flights — helped Delta shrug off higher labor costs.
U.S. airlines are flying high as the travel recovery that began last year shows few signs of slowing down. The program, called SkyMiles, has become so popular that there are far more passengers hoping for upgrades to better seats than available seats. Lines can grow long at Delta lounges at busy airports like Atlanta and New York’s JFK.
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Delta Air Lines posts $1.11 billion profit for the third quarter and sees strong holiday bookingsDelta Air Lines says it made $1.11 billion in the third quarter, thanks to planes that were packed with travelers this summer.
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