Delta Air Lines, Inc. (NYSE:DAL) Q2 2023 Earnings Call Transcript

Mary Schlangenstein : With your expectation that the corporate travel recovery is going to slowly continue during the fall, will that step up enough that it will make up for any decline in leisure travel after schools return? Or do you not expect to see that historical dip in leisure travel this fall?

Glen Hauenstein : Well, I’ll just give you a view of what we do see because domestic demands, of course, come a little bit later on. But for international travel post Labor Day, we see very robust leisure demand continuing through the October period. So combine that with — hopefully, we’ll get some upside surprise on the increase in business, but we’re not really counting on anything more than what we see today.

Operator: Your next question is coming from David Slotnick from TPG.

David Slotnick: I wondered if Delta has any contingency planning or views surrounding the legislation, potentially effect in credit card fees and charges. I know that would probably have a significant impact on your MX revenue? Are you planning for if that works, it plays through? Or having a couple of that or anything else?

Peter Carter: Hey, Dave, it’s Peter. Obviously that’s a legislation that we’re watching carefully. And if, in fact, it becomes the law, we will adjust accordingly. But we don’t really think it has a good opportunity to be ultimately signed into law.

Tim Mapes : Thank you, David. Matthew, I think that will wrap it up for questions from members of the media.

Julie Stewart : All right. Well, thank you, everyone, for joining us, and I hope you have a great rest of your summer, and we’ll talk to you in October.

Operator: Thank you. That concludes today’s conference. Thank you for your participation today.