India, Oct. 9 -- Amended: Replaced fiscal 2027 with fiscal 2026 in the headline and intro.
Shares of Delta Air Lines, Inc. were losing around 3 percent in the morning trading on the NYSE after the airline reported weak third-quarter earnings, issued cautious earnings view for the fourth quarter and trimmed fiscal 2026 earnings view amid high fuel cost environment.
However, the company projects higher revenues for the fourth quarter, extending the strong third-quarter revenue performance with growth across all geographies on broad demand strength and healthy yield growth.
Ed Bastian, Delta's chief executive officer, stated, "Demand remains strong, supported by consumers' growing preference for experiences and travel, with air travel conti...