Delta’s Profit Machine

The reaction to Delta Air Lines’ controversial loyalty program changes have so far have more bluster than anything else. Its profit, and outlook, remain sound even as U.S. domestic demand slows to “steady.” Edward Russell and Jay Shabat discuss. Plus, Virgin Australia is (finally) back in the black.

Reading List

• Delta Profit Intact After Controversial SkyMiles Changes
• The U.S. Economy’s Secret Weapon: Seniors With Money to Spend
• Virgin Australia Back to Profitability but Still Faces Uphill Battle Versus Qantas