Delta Air Lines (NYSE:DAL) reported strong second-quarter results with net income increasing to USD 2,130 million from USD 1,305 million the previous year, highlighting significant earnings growth. Despite a market that remained flat in the last week but grew 13% over the past year,

For the most recent quarter, analysts expect Delta to report earnings of $2.03 per share on revenue of $16.18 billion for the upcoming quarter. This reflects a decrease compared to the same quarter last year when the company reported earnings of $2.36 per share on revenue of $16.66 billion.

Notably, Delta CEO Ed Bastian stated in an interview that bookings have stabilized following demand erosion earlier this year. Per the head executive’s remarks, people are still taking to the air — it’s just that they’re shifting booking patterns amid broader economic challenges.