Framing Analysis
New York Post reported that Delta CEO Ed Bastian told CNBC current airfares remain sustainable, with last week's domestic average at $366 (38% above prior year) and international average at $919. The carrier reaffirmed full-year EPS guidance of $6.50–$7.50, reported a second-quarter adjusted EPS beat of $1.56 versus $1.48 expected, and projected third-quarter EPS of $2–$2.50 against analyst estimates of $2.02.