Delta’sDAL

stock took off faster than an F-35 jet yesterday. The airline’s quarterly earnings resurrected its guidance after withdrawing it in April amid economic uncertainty and tariff concerns. Investors celebrated the long-awaited clarity, heralding a 12% stock surge that also lifted aviation peers.

• DAL
  ’s Q2 posted revenue of $15.51B (vs. LSEG estimates of $15.48B) and adjusted EPS of $2.10 (vs. $2.06) — while net income soared 63% from last year despite industry-wide softness.
• The airline slashed its 2025 EPS guidance to $5.25-$6.25 from January’s bullish $7.35+ forecast — yet Q3’s $1.25-$1.75 per share estimates still topped analysts’ $1.31 expectations.

Cruising altitude: CEO Ed Bastian credits stabilized bookings and improved economic clarity for renewed confidence, but the airline’s revenue split tells another story. Delta’s premium sales climbed 5% while main cabin dropped 5%, revealing how high-end flyers have become more critical. WithDAL

’s American ExpressAXP

partnership income growing 10% from last year, Bastian’s catering to the posh crowd with upgraded lounges and onboard amenities. While the main cabin takes a nosedive, sometimes the best way to weather economic headwinds is to rise above them.