United Airlines jumps after results beat 'dramatically low' expectations [Reuters]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Reuters
, opens new tab shares rose about 5.3% premarket on Wednesday, driven by an upbeat profit forecast for the second quarter and strong first-quarter results despite a $200 million hit over planemaker Boeing's safety crisis. The carrier's forecast signaled strength in travel demand as corporate spending improved, lifting shares of rival Delta Air Lines (DAL.N) New Tab , opens new tab and American Airlines (AAL.O) New Tab , opens new tab by about 2% each. "United delivered Q1 results that cleared dramatically lowered expectations in the wake of the Boeing 737 MAX-9 grounding in January," Third Bridge analyst Peter McNally said in a note. United, a prominent customer of Boeing (BA.N) New Tab , opens new tab , cut its delivery estimates for new aircraft by 25%, as the planemaker grapples with production and certification delays amid a safety crisis. Operationally, the rest of the United fleet performed well and pricing held up, partially due to reduced industry capacity, McNa
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DAL
Earnings
- 4/10/24 - Beat
DAL
Sec Filings
- 4/29/24 - Form 144
- 4/26/24 - Form 8-K
- 4/26/24 - Form DEFA14A
- DAL's page on the SEC website