Delta hits record profits and airline stocks bounce
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The Points Guy on MSNDelta now uses AI to price 3% of domestic flights. Soon, it may be 20%Last fall, Delta executives first revealed the company had begun using AI on a small sliver of its bookings; at the time, AI tools were only involved with about 1% of the airline's network, leaders shared on Delta's November 2024 investor day presentation.
Airlines stocks took off on Thursday, boosted by Delta reporting better-than-expected earnings and reinstating its full-year guidance. Here are the key chart levels to monitor for shares of three major U.
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Airline executives are turning their focus to premium cabins, where demand is holding up better than in the back of the plane.
Delta Air Lines (NYSE: DAL) reports strong Q2 results and reinstates full-year 2025 guidance. High-margin revenue streams drive growth. BofA analyst raises price forecast. Analysts anticipate strong free cash flow and debt reduction.
Key Takeaways Delta is using AI to set prices for 3% of domestic flights and plans to ramp this up to 20% by the end of the year, President Glen Hauenstein said Thursday.The tool, from the company Fetcherr,
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Delta Air Lines Inc. has been cannibalizing new Airbus SE jets in Europe by stripping off their engines and using them to get grounded planes in the US back into service, as it seeks to overcome a shortage and avoid aircraft import tariffs.