Delta beat strong demand-for-profit forecast as rivals fought the 737 MAX crisis

Sharing is caring!

CHICAGO (Reuters) – Delta Air Lines Inc. on Tuesday reported fourth-quarter earnings that surpassed estimates, partly due to customers' gain from rival airlines. 737 MAX is canceled and demand for air travel is increasing.

FILE PHOTO: A Delta Air Lines flight was pushed to the gate at the airport in Salt Lake City, Utah, USA, January 12, 2018. REUTERS / Mike Blake / File Photo

Airlines that own Boeing Co 737 MAX are canceling a total of more than 10,000 monthly flights because the plane still landed after two fatal accidents.

Delta does not operate MAX, allowing it to expand its flight capacity and attract new customers because colleagues like Southwest Airlines Co had to shrink.

Ed CEO, Ed Bastian told Reuters, citing strong customer loyalty at a time when demand for air travel continues to rise.

American Airlines Group Inc. and United Airlines Holdings Inc. are scheduled for flights without MAX in early June, in anticipation of additional simulation training requirements for pilots once the managers have finally accepted for the plane to fly back.

Southwest, another US airline, MAX, is canceling flights in April.

Delta did not receive premium revenue from rivals compared to MAX but Bastian said it would continue to see marginal benefits while the jet continued.

Net income increased by 8% to $ 1.1 billion in the quarter as of December 31 …

. (tagsToTransem) t) France (t) Aerospace / Defense (Heritage) (t) Brazil (t) Europe (t) Airlines (TRBC) (t) Photos (t) United States (t ) Aerospace and Defense (TRBC)


Leave a Reply

Your email address will not be published. Required fields are marked *