Delta beats profit estimates on new customers as rivals battle 737 MAX crisis

Delta Air Lines Inc on Tuesday reported a fourth-quarter profit that beat estimates, boosted by customers gained from rival airlines’ 737 MAX cancellations and what Chief Executive Ed Bastian said was a growing preference for the Delta brand. Delta shares were up about 4% in premarket trading. Airlines that own Boeing Co’s 737 MAX are cancelling more than 10,000 monthly flights in total as the aircraft remains grounded following two deadly crashes. …read more

Source:: Yahoo Finance