Delta Air raises Q3 revenue forecast on rebound in transatla

Delta Air raises Q3 revenue forecast on rebound in transatlantic travel

Shares of the carrier, which also maintained its forecast for full-year profit, rose 2.7% before the bell. Transatlantic travel is the industry's most lucrative long-haul market, accounting for 11% to 20% of passenger revenue last year at the big three U.S. carriers: American Airlines, Delta Air Lines and United Airlines. The carrier said it expects third-quarter revenue to rise within the upper half of its forecast range of 11% to 14% growth.

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