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Delta president says consolidation enabling US airline profits

Delta Air Lines (DL) president Ed Bastian said that "the important impact of consolidation" can be seen in US airlines' financial results, which remain positive despite a difficult operating environment characterized by high fuel prices and shaky consumer confidence.

Photo: Courtesy, Delta Air Lines Delta Air Lines (DL) president Ed Bastian said that "the important impact of consolidation" can be seen in US airlines' financial results, which remain positive despite a difficult operating environment characterized by high fuel prices and shaky consumer confidence. "The US industry is on track to generate $2 billion in net profits this year led by Delta Air Lines and United [Continental Holdings]," he said, noting that the ...

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