The Guardian10 Jul 2026Macro
Automatically composed with AI from the cited sources
Delta reported a $1.4bn quarterly profit on Friday as it passed 60% of its record-high fuel costs on to consumers, with airfares up 12–15% from last year. Premium revenue grew 17% year-over-year while main cabin sales rose 8%, and the airline launched a “basic business” fare this week. CEO Ed Bastian attributed demand strength to a “K-shaped” recovery, noting Delta’s customers are “financially very healthy” and prioritizing travel spending.