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Harry R. Weber, AP Airlines Writer, On Tuesday April 20, 2010, 4:32 pm EDT
ATLANTA (AP) -- The volcanic ash cloud hovering over Europe shouldn't give Delta Air Lines Inc. anything worse than a migraine, as long as flight disruptions don't re-ignite. That's welcome news for a U.S. airline industry hoping for a big boost from summer travelers.
Delta said Tuesday that it lost $256 million in the first three months of the year, before the eruption of an Icelandic volcano shut down a large portion of air travel in Europe. The carrier expects to be solidly profitable in the current period, the second quarter. Analysts forecast a profit of about $559 million.