Delta Air Lines is forecasting better-than-expected results for the end of 2025 due to increased airfares and strong luxury travel demand. The airline projects adjusted earnings of $1.60-$1.90 per share for the fourth quarter, higher than analyst expectations, with revenue expected to grow up to 4%.

CEO Ed Bastian stated that Delta is well-positioned for growth in 2026, with plans for top-line growth, margin expansion, and earnings improvement. Delta shares rose over 5% in premarket trading. The airline reported third-quarter profit of $1.42 billion, up 11% from the previous year.

Delta reported a rise in premium-travel demand, with revenue from high-end segments increasing by 9% in the third quarter. The airline has adjusted capacity by eliminating unprofitable flights, resulting in a 2% increase in domestic unit revenue in the third quarter. Delta expects full-year earnings per share of $6, at the upper end of its 2025 forecast range.

Read more at CNBC: Delta Air Lines (DAL) Q3 2025 earnings