Delta overcomes fuel woes; Q2 results beat street view

Benefitting from a record increase in revenues aided by broad-based traffic growth, aviation firm Delta Airlines (DAL) reported better-than-expected earnings for the second quarter. Meanwhile, unadjusted earnings took a beating from mounting fuel costs and the resultant squeeze on margins. Adjusted earnings, excluding special items, increased to $1.77 per share in the second quarter from … Continue reading Delta overcomes fuel woes; Q2 results beat street view