Delta predicts 2020 profit growth; CEO says more people turning to air travel

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Delta predicts 2020 profit growth; CEO says more people turning to air travel
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Delta Air Lines Inc sees another annual rise in profit and revenue in 2020 drive...

) sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian called a growing interest in air travel by consumers across the generational spectrum.

“People are more inspired to travel,” Bastian told Reuters ahead of the carrier’s investor day, citing the increased affordability of flying and advances in social media and technology, even as environmental and “flight-shaming” activists threaten air travel growth in Europe. Still, Bastian said Delta’s investors and customers are also increasingly concerned about the environmental impact of air travel and cited airlines’ ability to protect the environment as an existential threat to their growth.

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