Delta posts strong earnings in tough quarter for US airlines
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Delta Air Lines reported vastly improved earnings in the first quarter, and the company said results should remain strong the rest of the year. The Atlanta-based airline said its adjusted earnings came in at $380 million, or 45 cents a share, up from $217 million, up 75% from a year earlier. It easily topped Wall Street analysts’ consensus forecast of 36 cents a share. Revenue of $12.6 billion was up 6% and a record for the first three months of the year. It posted the increase despite the...

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