Delta raises 2019 profit outlook on strong demand as rivals grapple with Boeing 737 Max grounding

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Delta's CEO discusses demand and the Boeing 737 Max after the company posted record revenue of $12.5 billion and per-share profits of $2.35 in the second quarter.

have canceled thousands of flights throughout the busy summer travel period and removed the 737 Max from their schedules through the end of the season as the plane remains grounded. Regulators have not indicated when they will allow the planes to fly again.

American's flying in the three months ended June 30 fell about 0.8% from the second quarter of 2018, as it had to cancel 7,800 flights, American said. Delta, on the other hand, expanded flying by close to 5% from a year earlier.

Source: Holiday News (holidaynews.net)

 

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