Delta Air Lines eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer-vacation season, with travelers seemingly unfazed by recent incidents in the industry that ranged from a panel blowing off a jetliner midflight flight to a tire falling off another plane during takeoff.
Delta reported the highest revenue for any first quarter in its history and a $37 million profit. It expects record-breaking revenue in the current quarter as well. The airline said that second-quarter earnings will likely beat Wall Street expectations.
Shares of Delta Air Lines Inc., based in Atlanta, jumped more than 4% before the opening bell Wednesday and other airlines were pulled higher as well on the performance.
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