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FILE - A Delta Air Lines plane lands at Logan International Airport, Jan. 26, 2023, in Boston. Delta reports earnings on Wednesday, April 10, 2024. (AP Photo/Michael Dwyer, File)

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

Delta Air Lines is reporting a small profit and says travel demand is strong heading into summer

By DAVID KOENIG
Published - Apr 10, 2024, 06:36 AM ET
Last Updated - Apr 10, 2024, 01:08 PM EDT

Delta Air Lines (DAL) eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer-vacation season, with travelers seemingly unfazed by recent incidents in the industry that ranged from a panel blowing off a jetliner midflight flight to a tire falling off another plane during takeoff. 

Delta reported the highest revenue for any first quarter in its history and a $37 million profit. It expects record-breaking revenue in the current quarter as well. The Atlanta-based airline said that second-quarter earnings will likely beat Wall Street expectations. 

CEO Ed Bastian said Delta's best 11 days ever for ticket sales occurred during the early weeks of 2024. 

If travelers are worried about a spate of problem flights and increased scrutiny of plane maker Boeing, “I haven't seen it,” Bastian said in an interview. “I only look at my numbers. Demand is the healthiest I've ever seen.” 

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