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

FILE PHOTO: A Delta Air Lines flight is pushed put of its gate at the airport in Salt Lake City
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CHICAGO (Reuters) - 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..
Date Published: Jan 14, 2020
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