Delta President Says Overall Revenue Could Rise 10% in Q2 and Corcept Therapeutics Ends Late Stage Trial of Mifepristone
Delta Air Lines Inc. (NYSE: DAL) - announced an important revenue measure that would show gains in May and June. The company said that unit revenue, or passenger revenue per available seat mile, would likely rise in the 6 percent to 7 percent range for both May and June. This is compared with a growth forecast of 5 percent to 7 percent Delta gave last month. Delta President Edward Bastian told a Bank of America Merrill Lynch conference that revenue outlook was "very solid." He noted that Delta's overall revenue could rise 10 percent in the current second quarter. Delta Air Lines, Inc.