The chapter delves into Delta's shares initially rising post-earnings report before dropping due to the Fed's comments and March airfare decline. It explores improvements in Delta's operations, return of corporate travel, premium revenue focus, and growth in international markets. Additionally, it highlights Delta's unique position as the only major U.S. carrier expected to report a profit this quarter amidst industry losses.
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Bloomberg News News International Economics & Policy Correspondent Michael McKee and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey break down the minutes of the March 19-20 FOMC meeting and they share their thoughts on Wednesday's US CPI data. Hartley Rogers, Executive Co-Chairman at Hamilton Lane, discusses investing in private markets. Bloomberg News US Airlines Reporter Mary Schlangenstein talks about Delta’s outlook topping estimates thanks to a revival in business travel. And we Drive to the Close with Penny Pennington, CEO at Edward Jones.
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