Delta Air Lines Reports First Quarterly Profit Since 2019

Fleet renewals have been an essential step in many airlines' recovery strategies as they fly through the storm brought about by the Covid-19 pandemic, which has resulted in numerous accelerated aircraft retirements and extended delays in production. Some airlines have used it to their advantage — and Delta Air Lines is an example, having used the pandemic as an opportunity to simplify its current fleet and quicken the retirements of 18 widebody aircraft — which included the older Boeing 777s…