DELTA POSTS $1.2 BILLION Q3 PROFIT, TOUTS HOLIDAY BOOKINGS

Delta Air Lines posted a $1.2 billion profit for the third quarter, helped by the latest installment of federal pandemic aid for the airline industry, but warned that rising fuel prices will lead to a “modest”loss in the fourth quarter.

The airline also expects higher labor costs as it hires thousands of employees to replace some of those who left the company last year, when the pandemic’s impact on travel was most brutal.

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