Revenue on flights between the U.S. and Europe, Delta’s most important overseas market, soared 65%.
“I think it’s going to be more of the same,” CEO Ed Bastian said in an interview. “International bookings, which traditionally start to trail off into the fall, are still going to be at a higher level than normal.” The airline will run its European summer schedule longer than normal to take advantage of American tourists who are overrunning the place after staying home during the COVID-19 pandemic.
“They have the means, and when we ask them where they are going to spend, their No. 1 priority is premium travel experience,” Bastian said. “That’s our bread and butter.” Across the airline industry, companies have hired aggressively to rebuild work forces that they shrunk after the pandemic hit the United States in early 2020. Industry officials say all that hiring should help airlines run better than they did last summer.
Delta’s profit compared with earnings of $735 million in the second quarter of 2022. The quarter broke Delta’s previous record for net income, set in the second quarter of 2016.
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