Delta Air Lines forecast 2025 profit above Wall Street expectations on Friday, thanks to robust demand for premium travel and the industry's improved pricing power, sending its shares up nearly 8% in premarket trading.

Delta Air Lines could see 2025 becoming the airline’s best financial year since its founding a century ago, fuelled by consumers’ appetite for travel and the growing number willing to shell out for premium seats, according to its chief executive Ed Bastian.

Delta Air Lines expects a strong appetite for high-end travel to fuel profit in 2025, said Chief Executive Ed Bastian. The forecast comes as the airline posted better-than-expected revenue growth in the latest quarter as demand picked up.