close video Delta CEO on groundings of 737 Max Delta Air Lines CEO Ed Bastian said he’s ‘cheering’ for the Boeing 737 Max aircraft to be back in the sky soon. Delta Air Lines reported mixed third-quarter results, sending shares lower in pre-market trading. Continue Reading Below Ticker Security Last Change Change % DAL DELTA AIR LINES INC. 53.92 +0.72 +1.35% The airline reported earnings of $2.31 a share, topping the $2.26 IBES consensus. Revenue rose 5% versus a year ago to $12.56 billion, missing the $12.6 billion that was expected. Delta said net income surged 21 percent year-over-year to $1.5billion. Results were not impacted by the grounding of the 737 Max as Delta does not fly the aircraft. “Increased customer satisfaction is driving solid top-line performance — September quarter revenues grew to a record $12.6 billion and we expect December quarter revenues to grow more than five percent versus prior year,” Delta President Glen Hauenstein said in the press release. “Strong demand and our customer-focused commercial initiatives are putting us on track to achieve a $3 billion increase in revenues this year, a pace of growth well in excess of GDP.” READ MORE ON FOXBUSINESS.COM GM’S CHINA VEHICLE SALES DROP AS US… Read full this story
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