Delta Air Lines posts a narrow Q1 profit and says travel demand remains strong despite flight scares

Delta Air Lines posts a narrow Q1 profit and says travel demand remains strong despite flight scares

SeattlePI.com

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Delta Air Lines has reported a small first-quarter profit and says travel demand is strong heading into summer. The airline said Wednesday that it earned $37 million in the first quarter, compared with a loss a year ago. Delta is predicting better-than-expected earnings in the second quarter, too. CEO Ed Bastian says if travelers are worried about a spate of problem flights and increased scrutiny of plane maker Boeing, he's not seeing it. He says Delta’s best-ever 11 days for ticket sales occurred early this year. But a TD Cowen airline analyst expects Delta to be one of only a few airlines to report a profit during the seasonally weak March quarter.

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