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Delta shares jump 13% after airline reinstates 2025 profit outlook as CEO says bookings stabilized

155d ago
Business
CNBC
Business strategy
Delta Air Lines saw its shares surge by 13% after reinstating its 2025 profit outlook. The airline had previously cut its forecast due to tariffs and cautious consumer spending impacting travel this year. CEO [Hypothetical CEO Name] attributed the revised outlook to stabilized bookings, signaling a potential rebound in demand. Investors reacted positively to the news, suggesting renewed confidence in Delta's financial performance and its ability to navigate economic uncertainties.
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