Delta Air Lines raised its first-quarter revenue guidance on Tuesday after CEO Ed Bastian told investors the carrier had logged eight of its top 10 sales days in history this quarter, with bookings running 25 per cent above year-ago levels despite a sharp rise in jet fuel costs tied to the war in Iran.
Speaking at the annual J.P. Morgan Industrials Conference, Bastian said five of those record days came within the past fortnight. Delta now expects first-quarter revenue to grow at a high-single-digit rate, up from its earlier forecast of 5 to 7 per cent.
