Delta Airlines (DAL) CEO says US economy remains on a firm footing; consumers continue to prioritise experiences with travel among top spending categories
Delta Airlines' CEO highlights robust consumer spending in travel, signaling economic resilience.
Canada's Trade Minister says they will be formally launching negotiations with India and the UAE in the near-term
US Senate Majority Leder Thune says he does not advocate for credit card interest rate caps
Delta Airlines (DAL) CEO says US economy remains on a firm footing; consumers continue to prioritise experiences with travel among top spending categories
Newsquawk European Market Wrap - 13th January 2026
Fed's Musalem (2028 voter) says he expects the economy to grow at or above potential in 2026
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- Business travel is showing signs of improvement as corporate confidence grows.
- Set a new weekly bookings record last week with cash sales up double digits Y/Y.
- Rev. growth of 5-7% in the March quarter.
- EPS growth of 20% Y/Y in 2026, ahead of the Co's long-term target.
- FCF of USD 3-4bln in 2026.
- In 2026, expects high single-digit growth in co-branded remuneration; keeping the US on track to achieve its USD 10bln goal within the next few years.
- Yet to see marked movement in main cabin demand.
The record-breaking bookings and notable revenue growth forecasts indicate positive momentum for the sector; however, the lack of significant movement in main cabin demand suggests mixed recovery across travel classes. Watch for implications on sector performance and potential consumer sentiment shifts as corporate confidence improves.
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