Delta Says Steady Fall Bookings Will Help 3Q Results

Delta Air Lines has been encouraged by steady fall bookings after “bottoming out” near Labor Day, to the point where CEO Ed Bastian believes the carrier can deliver third-quarter revenue within its original forecast range.

In July, the company had forecast a 30 percent to 35 percent drop in Q3 adjusted revenue compared to the same time period in 2019, according to Reuters News Service.

Last month, the airline said quarterly revenue would be at the lower end of the forecast after a resurgence in COVID-19