Yahoo Finance published this video item, entitled “Delta closed 2023 20% above pre-pandemic travel levels: CEO” – below is their description.
Delta Air Lines (DAL) beat fourth-quarter earnings estimates, reporting $13.66 billion in revenue and gains of $1.28 per share. Coming off of a busy and successful holiday travel season, the airline operator reported $2 billion in profit for the quarter while also trimming its 2024 earnings outlook.
“With people returning to the skies, because the economy is larger, and the health of the industry is doing well… we ended the year 20% above pre-pandemic levels,” Delta Air Lines CEO Ed Bastian told Yahoo Finance on a call, also expecting international travel demand to return in 2024.
Yahoo Finance Live anchors Brad Smith and Seana Smith examine Bastian’s comments on Delta earnings, while also discussing ongoing concerns surrounding Boeing’s (BA) 737 Max 9 jets which Delta does not use for its operations.
#youtube #Delta #stockmarket
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