Delta Air Lines’ recent positive guidance revisions reflect the benefits of a strong demand environment produced in part by competitors’ struggles to fill capacity voids created by the grounding of Boeing 737 MAXs, analysts at Cowen & Co. say. The Atlanta-based carrier reported July 2 that total second-quarter revenue will be up 8%-8.5% as unit revenue climbs 3.5%—at the high end of its April guidance. Nonfuel unit costs will rise 1%, in line with expectations that ...

Subscribe to Access this Entire Article

"Analyst: Delta sees revenue, capacity gains from MAX grounding" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? Log in here.