Delta forecasts 2023 profits at high end of guidance range

Delta forecasts 2023 profits at high end of guidance range


Nurphoto | Nurphoto | Getty Images

Delta Air Lines on Tuesday forecast full-year adjusted earnings of $6 a share, at the high end of estimates it gave last April as strong travel demand and trade-ups to more expensive fare classes continue to drive growth.

In a presentation ahead of its investor day later Tuesday, the airline also raised its estimate for free cash generation this year to $3 billion from $2 billion.

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