Delta Air Lines' top executives express optimism regarding international travel demand in 2024, highlighting consumers' preference for experiential spending over material items.
CEO Ed Bastian reported strong revenue during Thanksgiving and anticipates a positive finish to 2023. Advanced travel bookings for transatlantic flights are notably strong through March 2024. Delta's shares rose by 5%, influencing a 4% gain in competitors United Airlines, American Airlines, and Southwest Airlines.
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