Delta beats Q1 earnings expectations, CEO sees 'quite healthy' travel demand this spring and summer

Delta beats Q1 earnings expectations with adjusted net income of $288M vs $235M expected and adjusted EPS of $0.45 vs $0.36 expected.

CEO sees "quite healthy" travel demand for spring and summer, with the 11 highest sales days in company history so far this year.

Corporate travel picking up again, contributing to profits and margins. Delta expects to be only profitable major airline this quarter.

Reiterates full-year EPS outlook of $6-$7 and free cash flow of $3B-$4B. Investing $5B annually toward improving premium experiences.

Boeing 737 Max 10 aircraft order delayed to 2027 from 2025 due to ongoing Boeing quality issues and leadership changes.