Delta, United Airlines
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Svetlana Dali, a woman convicted of sneaking onto a flight from New York City to Paris, has been sentenced to time served.
The airline’s upbeat outlook for the year has been dimmed by economic turbulence in the U.S. that made people hesitant to book flights.
Delta's revenue from premium seats like business class rose 6% in the first half of the year to $10.6 billion, while main cabin economy ticket revenue dropped 4% to $11.7 billion. The carrier, the most profitable U.S. airline, has said for years that its share of sales from high-end seats and its lucrative loyalty program has been growing.
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Stocks are off to a sluggish start on Wall Street, while Delta Air Lines led a rally in airline stocks after releasing a solid outlook for the rest of 2025.
Stocks traded higher Thursday as Wall Street monitored the latest tariff announcements from President Donald Trump, including a 50% tariff on Brazilian goods.These stocks were making moves Thursday:Nvidia was up 0.
With limited demand for lower-priced fares, carriers are poised to reduce domestic main-cabin capacity by about 1% by September, Delta Air Lines President Glen Hauenstein said Thursday.
President Trump will wield 50% copper tariffs on August 1 as he promises more to come with countries such as Brazil in the crosshairs. Delta’s good news, Nvidia scores the first $4 trillion market cap milestone,