Wanderlust is exponentially adding to Delta Air Lines’ bottom line. The carrier said it is seeing greater interest in international flights than domestic routes and will operate its largest transatlantic schedule ever.
Delta has forecast record-high second-quarter revenue.
"Summer's progressing strongly and
demand is quite healthy," CEO Ed Bastian said. "Demand is growing
faster internationally than it is domestically, and Delta is very well-positioned
to take advantage of that with its partners."
Despite economic concerns, Delta said consumers are willing to spend on experiential travel.
“We have seen continued strength through
the spring to early summer...our international business is quite
strong," Delta President Glen Hauenstein said.
To that end, Delta is improving
its first-class experience.
This is a key time for Delta to separate itself from its main rivals, especially with American Airlines' falling stock and a growing number of domestic seating capacity putting pressure on the carrier to offer more discounts. Airlines, or any business, is loath to do this.
Delta is also monitoring the situation
with Boeing.
"I'm confident we will see
improvement," Bastian said, adding Delta was still committed to its order
for Boeing 737 MAX 10 jets.
The MAX 10 still has to be certified by
the Federal Aviation Administration.
For the latest travel news, updates and deals, subscribe to the daily TravelPulse newsletter.
Topics From This Article to Explore
