After withdrawing its outlook in April, Delta is again forecasting a profit—though at a significantly lower level than originally projected.

Delta Air Lines said on Thursday its bookings have stabilized, prompting it to forecast a brighter profit outlook for coming quarters, even as pricing pressures continue to weigh on industry margins. Lisa Bernhard has more. Wimbledon Day 9: Sabalenka and Alcaraz through to the semis of Wimbledon

Delta Air Lines shares surged after beating Q2 expectations and reinstating its full-year profit forecast. Stabilized demand, strong premium sales, and a positive Q3 outlook boosted investor sentiment across the airline sector.