Earnings

Delta Air Lines (DAL) earnings Q1 2023

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Delta Air Lines airplanes at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, on Tuesday, Dec. 21, 2021.

Elijah Nouvelage | Bloomberg | Getty Images

ATLANTA — Delta Air Lines posted a wider loss than it previously estimated for the first three months of the year, but forecast revenue growth and profit for the second quarter that were ahead of analysts’ estimates, signaling strong travel demand despite weakness in other sectors.

CEO Ed Bastian on Thursday brushed off the potential of a consumer pullback in spending.

Air travel “is something the consumer’s prioritizing,” Bastian said in an interview. “They may be pulling back in other areas … but I don’t see…



Source cnbc.com

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