Delta posts USD 695 million profit, sees busy holiday season

Delta Air Lines reported a USD 695 million third-quarter profit Thursday as higher average fares this summer and a lucrative credit-card business more than offset higher fuel prices.

The airline forecast that revenue during the final three months of the year will top pre-pandemic levels.

Delta’s CEO said he sees no indication that anxiety over inflation and the economy will discourage people from travelling over the holidays.

“It’s going to be a very strong holiday season — Thanksgiving, Christmas, New Year’s,” said CEO Ed Bastian.