Delta posts $1.77 billion profit in second quarter

  • 12/15/2022
  • 19:30
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ATLANTA, July 18, SPA -- Delta Air Lines Inc., the United States' third-largest carrier, cited a 5.5 percent gain in sales as it reported Wednesday that it swung to a profit in the second quarter, which saw it emerge from bankruptcy after shaving billions of dollars in costs. The Atlanta-based company's results beat Wall Streetexpectations when one-time items are excluded, the Associated Press reported. For the three months ending June 30, Delta said itrecorded net income of $1.77 billion (¤1.3 billion), or$4.49 a share, compared to a loss of $2.21 billion in thesame period a year earlier. --SPA www.spa.gov.sa/468449

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