Delta's profit forecast tops estimates, buoyed by higher fares and resilient luxury demand
1. Delta Air Lines projects strong Q4 earnings of $1.60 to $1.90 per share. 2. Adjusted revenue is expected to grow 4%, exceeding Wall Street's 1.7% estimate. 3. Premium travel demand increased 9%, signaling strong resilience in luxury segments. 4. Delta's third-quarter profit rose 11%, beating analyst expectations. 5. Overall domestic passenger revenue grew 5% driven by corporate travel demand.