
Delta Air Lines reported mixed results for the third quarter of 2024, attributing a disappointing performance to five specific days impacted by CrowdStrike. CEO Ed Bastian noted, 'We had 86 great days, and we had five days that were impacted, caused by CrowdStrike.' Despite these challenges, Delta highlighted overall strength in travel demand across various corridors, including domestic routes, and expressed confidence in future bookings for October and December. Analysts suggest that the market reacted positively to Delta's acknowledgment of consumer and corporate strength, indicating a potential carry-through into 2025. Additionally, Delta's passenger miles increased by 3% year-over-year, reflecting ongoing robust travel demand.
$DAL earnings play trade from last week now up +75% for @OptionsHawk members! Airlines just keep 'flying higher' 🤣 https://t.co/4RGv8TkNcb
Interesting data point, but from a macro perspective, Delta Airlines has already reported for 3Q24, and passenger miles were +3% YoY, so travel demand is still good. https://t.co/gjttkLbGt6
$CRWD took 11.5% profit out of this one by selling a rung of the trade share ladder. Still own shares. today's stick suspect.


