Delta tops estimates on booming international travel

Delta Air Lines has a message for investors worried about signs of softening demand on domestic routes: the travel boom is not over yet

Oct 13, 2023

The US-based carrier on Thursday said it continues to see strength in bookings across its global network as travel remains a "top purchase priority" for customers. As a result, its revenue outlook since the summer has improved, the company said.

Key takeaways

  • Delta said domestic travel demand is "steady" and initial bookings for the peak holiday periods are strong. Meanwhile, the demand for overseas trips has stayed strong through the autumn season;
  • In addition, the airline said it has seen a pickup in business travel since the Labor Day holiday early last month;
  • Delta's comments come against a backdrop of softening domestic demand, leading to worries that consumers are cutting back on travel spending due to a depletion of household savings, the resumption of student loan repayments and high interest rates.

Get the full story at Reuters

Related must-reads


Get our Daily Brief in your inbox

Consumers are changing the face of hospitality - from online shopping to personalized guest journeys and digitalized guest experiences ...
we've got you covered.

By submitting this form, you agree to receive email communication from and its partners.