The Manila Shake Up

The Manila Shake Up

April 2023
29 min read
Edward Russell

Issue Overview

The Delta results are in. As expected, the Atlanta-based giant posted solid, if unspectacular, first quarter operating profits, underpinned by ongoing demand strength. Executives appeared as bullish as ever, with talk of “robust demand for summer travel.” As for anxiety about domestic demand perhaps weakening, President Glenn Hauenstein was quick to reply: “We don’t share that anxiety.”