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Delta's revenue disappoints

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Delta's revenue disappoints

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Delta, the world’s biggest airline, has posted a better-than-expected second-quarter net profit of $467 million, compared with a loss of $257 million in the same period last year.

However revenue was lower than forecast and its shares fell along with those of other US carriers.

Delta’s third-quarter outlook also raised concerns about the strength of the recovery for airlines, which are widely expected to post better results as travel demand improves from recession weakness.