Delta says its passenger unit revenue will increase by 20% year-over-year in the second quarter and 23% in June alone, thanks in large part to a huge year-over-year improvement in bookings and revenue from corporate contracts. Corporate contract volume was up 35% for the week ending May 23 and the revenue from the corporate bookings jumped 63%, reflecting the airline’s ability to raise prices, Delta President Ed Bastian said June 15 in a presentation at the Bank of America Merrill Lynch ...
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