Delta Air Lines reported significantly improved earnings for the first quarter, with adjusted earnings reaching $380 million, up 75% from the previous year and surpassing analysts’ expectations.

Despite a 2% decrease in average revenue per mile flown by passengers, the airline achieved record revenue of $12.6 billion for the period.

Delta foresees record revenue in the second quarter but anticipates thinner profit margins, projecting earnings per share between $2.20 to $2.50, down from the previous year’s $2.64.

However, it maintains its full-year earnings target of $6 to $7 per share. Unlike some competitors affected by Boeing issues, Delta does not currently operate any 737 Max jets and has a diverse fleet.

While the airline industry faces challenges, Delta’s CEO, Ed Bastian, highlights strong demand for future travel, particularly in business travel, CNN reported.

Despite concerns about airline safety stemming from recent incidents, Bastian reassures passengers of Delta’s commitment to safety, emphasizing that US aviation travel remains the safest mode of transportation.

Written by B.C. Begley