Delta Air Lines (DAL) earnings 4Q 21


A Delta airlines aircraft landing from Los Angeles at Kingsford Smith International airport on October 31, 2021 in Sydney, Australia.

James D. Morgan | Getty Images

Delta Air Lines said Thursday that the surge of the omicron variant of Covid-19 will drive it to a first-quarter loss, but that it still expects to turn a profit this year on stronger travel demand.

In the fourth quarter, Delta posted its highest revenue since late 2019, thanks in part to strong holiday bookings and more business travel.

Sales of $9.47 billion beat analysts’ expectations for $9.21 billion. The company is still yet to fully recover from the Covid-19 crisis. Revenue was down 17% from $11.44 billion during the last…

Source cnbc.com

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