Delta Air Lines reported a bigger-than-expected increase in third-quarter profit...
). As a result, Delta is increasing its flight capacity while growth at rivals that own the 737 MAX remains stuck. It is forecasting capacity growth of around 4.5 percent in the fourth quarter. “Given the high volume that we’ve experienced and the demand for the product, it’s created a need for additional resources across all of our work groups and getting this staffing in sooner,” Bastian said. Net income rose 13.1% to $1.5 billion in the quarter to Sept. 30 on total adjusted revenue of $12.
airlines hardest hit by a new 10% tariff on European-made Airbus planes. Bastian said the tariff is not expected to have an impact this year because its remaining Airbus deliveries will come from the European planemaker’s plant in Mobile, Alabama, which is exempt from the levy. Delta is “looking at all of our options to make sure that we don’t incur any increases to our already negotiated prices with Airbus” for deliveries due next year, Bastian said.
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