Delta returned to profitability in March

Airbus A220-300 (Photo: Airbus).
Airbus A220-300 (Photo: Airbus).

Delta returned to profitability in March

Airbus A220-300 (Photo: Airbus).
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The US airline Delta Air Lines sees itself on the up again after a first quarter with deep red figures.

"We returned to profitability in March," CEO Ed Bastian announced on Wednesday. Business recovered quickly after the setback caused by the omicron variant of the corona virus that was rampant at the beginning of the year. The outlook was well received by investors – the share temporarily rose by more than six percent before the market.

In the three months ended March, Delta suffered a loss of $940 million. In addition to Omikron, the high fuel prices also had a negative impact. However, US airlines have now sharply increased prices in response to high demand. Delta now anticipates a rapid return to similar levels of business as before the pandemic. However, sales in the first quarter of 867 billion dollars were still eleven percent below the comparative value of 9,3.

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Editor of this article:

Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
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Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
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Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

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