Shares of Delta Air Lines (NYSE: DAL) jumped 6% on Wednesday after the company reported a smaller-than-expected quarterly loss in its first quarter. Though the airline reported a net loss of $940 million in the last quarter, the Delta still expects to be profitable for the rest of this year. On...
$DAL closed more than 2% lower on Tuesday after the company posted weaker-than-expected financial results.
EPS: -$3.30 vs -$3 expected
Revenue: $3.06B vs $3.11B expected
"We have been encouraged as more customers travel and we are seeing a path of progressive improvement in our revenues...
Airline stocks closed higher for the second consecutive week on Friday after the US President Trump urged $25 billion in relief for the industry. Overall, the momentum for Airline shares remained bullish throughout last week. Trump said last Tuesday that Congress should quickly extend $25...
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