Delta CEO Points to Strong Demand Among Wealthy Travelers -- Market Talk
Dow Jones2026/10/09 15:171117 ET - Wealthier Americans have more money to spend, and they're increasingly putting it towards travel, Delta Air Lines Chief Executive Ed Bastian says during a call with analysts. Bastian says, "The top 40% of U.S. households, which make up the majority of Delta's customer base, are nearly $40 trillion wealthier than they were just a few years ago." He says they are increasingly prioritizing experiences, including travel. Those trends are helping Delta's premium growth remain robust, he says, while main cabin trends continue to improve. (kelly.cloonan@wsj.com) (END) Dow Jones Newswires October 09, 2026 11:17 ET (15:17 GMT)
1117 ET - Wealthier Americans have more money to spend, and they're increasingly putting it towards travel, Delta Air Lines Chief Executive Ed Bastian says during a call with analysts. Bastian says, "The top 40% of U.S. households, which make up the majority of Delta's customer base, are nearly $40 trillion wealthier than they were just a few years ago." He says they are increasingly prioritizing experiences, including travel. Those trends are helping Delta's premium growth remain robust, he says, while main cabin trends continue to improve. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
October 09, 2026 11:17 ET (15:17 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
Turtle Creek Asset Management Reports Sale of $347,850 in Jeld-Wen Common Shares
GLOBALFOUNDRIES Director Ganesh Moorthy Reports $93,687.50 Share Acquisition
Crypto prices
More
