Payments News


Delta Finds Revenue in Credit Cards and Upgrades

Delta Air Lines Inc. DAL -0.11% is banking on branded credit cards, repairing jets and plusher passenger amenities to drive growth. The No. 2 U.S. carrier beat quarterly earnings forecasts on Thursday thanks to rising passenger and cargo traffic as well as non-ticket revenue that is growing at an even faster pace. Airlines have become reliant for sales and profits on services and products such as co-branded credit cards from issuers including American Express Co. and JPMorgan Chase & Co.”