Delta set to report positive financial results during Max 737 grounding period

Delta Airlines will continue to release positive results when it reports its latest earnings update, according to analysts Cowen & Co.The airline reported that its second-quarter revenue will be up between 8 and 8.5%, a stark contrast to its counterparts Southwest, American and United who have reported struggles due to the grounding of Boeing 737 Max jets. The analyst report by Cowen & Co said: “We look for a positive outlook for the remainder of the summer following strong June traffic. A stronger than expected revenue environment produced higher than forecast results. “As a result, Delta now forecasts 2Q19 EPS