Delta Air Strains has reported a $652 million revenue for the three months to June.

The determine was buoyed by $1.5 billion in authorities advantages associated to the primary and second payroll help program extensions.

Income for the quarter stood at $6.3 billion, down 49 per cent from the identical interval in 2019.

The airline generated $1.9 billion of working money circulation, $1.5 billion of free money circulation and $195 million of free money circulation within the June quarter.

 

“With the very best staff and operation within the {industry} and an accelerating demand atmosphere, we achieved vital milestones within the quarter together with a stable pre-tax revenue within the month of June,” mentioned Ed Bastian, Delta chief government.

“Trying ahead, we’re harnessing the facility of our differentiated model and resilient aggressive benefits to drive in direction of sustainable profitability within the second half of 2021 and allow long-term worth creation.”

He added: “Home leisure journey is absolutely recovered to 2019 ranges and there are encouraging indicators of enchancment in enterprise and worldwide journey.

“With the restoration selecting up steam, we’re making investments to help our industry-leading operation.

“We’re additionally opportunistically buying plane and creating upside flexibility to speed up our capability restoration in 2022 and past in a capital-disciplined method.”

Over the subsequent three months, Delta mentioned it expects passenger capability will probably be down 28 to 30 per cent and income off 30 to 35 per cent, in contrast with the identical interval in 2019.