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Delta Sees Booking Momentum And No Impact From Government Shutdown

1. Delta experiences booking momentum despite government shutdown impacts. 2. Third quarter revenue reached $15.2 billion, increasing by 4%. 3. The company forecasts 2% to 4% revenue growth for the current quarter. 4. Domestic passenger revenue grew 5% year-over-year, fueled by corporate sales. 5. Shares surged 6% in pre-market trading, indicating strong investor confidence.

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FAQ

Why Very Bullish?

Delta's strong revenue growth and positive guidance mirror historical resilience, notably post-9/11 recovery.

How important is it?

Strong quarterly results and positive forward guidance significantly influence market perception and investment.

Why Short Term?

Immediate investor sentiment affects stock prices quickly; quarterly results boost confidence.

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