Stock Market News
Delta Air reaffirms profit and revenue forecasts for 2023
2023.12.06 06:59
© Reuters. FILE PHOTO: A Delta Airlines flight descends past stormy clouds as it approaches to land in San Diego, California, U.S., December 12, 2022. REUTERS/Mike Blake/File Photo
(Reuters) – Delta Air Lines (NYSE:) on Wednesday reaffirmed its profit and revenue forecasts for 2023 as travel demand remains steady.
The Atlanta-based carrier expects its annual profit in the range of $6 to $6.25 per share and total revenue to be up about 20%.
The company also reaffirmed its operating margin forecast of about 11.5% for the year.
