Delta Air Lines is executing its most extensive transatlantic schedule to date in response to robust international travel demand, according to statements from senior executives on Saturday. The airline anticipates record-breaking revenue for the second quarter, driven by a surge in bookings for spring and summer journeys.
“Summer’s progressing strongly and demand is quite healthy,” CEO Ed Bastian informed reporters. He highlighted the accelerated growth in international travel compared to domestic routes, positioning Delta advantageously, especially with its global partners.
The airline has noticed a shift in consumer behavior post-pandemic, with a marked preference for spending on experiential travel. This trend is particularly evident in the premium travel segment, which has seen sustained demand, noted Delta President Glen Hauenstein.
In contrast, American Airlines has observed an oversupply in domestic seat capacity this week, which has pressured pricing strategies across the sector. Nonetheless, U.S. airlines are planning capacity adjustments for the latter half of the year, aiming to enhance the industry’s pricing strength.
Delta’s fleet, a combination of Airbus and Boeing aircraft, has been under scrutiny amidst Boeing’s ongoing quality and corporate challenges. However, Bastian expressed optimism about Boeing’s recent management shifts and operational overhauls. “I’m confident we will see improvement,” Bastian stated, reaffirming Delta’s commitment to its Boeing 737 MAX 10 orders, slated for delivery next year.
The Boeing MAX series has faced setbacks, notably after a January incident involving an Alaska Airlines MAX 9, which raised concerns over the MAX 10’s impending certification by the Federal Aviation Administration (FAA). United Airlines has already responded by adjusting its orders from the MAX 10 to the MAX 9 model.
Despite the uncertainties, Bastian indicated that Delta does not currently plan to alter its order. “We are scheduled to receive them next year, I don’t anticipate seeing them for quite some time,” he remarked, suggesting cautious optimism about Boeing’s corrective actions and the future rollout of the MAX 10 aircraft.