Delta Air Lines shares surged after beating Q2 expectations and reinstating its full-year profit forecast. Stabilized demand, strong premium sales, and a positive Q3 outlook boosted investor sentiment across the airline sector.

Delta Air Lines was one of the top-performing stocks in the S&P 500 Thursday after the carrier reported better second-quarter results than analysts had expected and reinstated its full-year outlook.

Delta Air Lines boosts Wall Street as stock indexes rise; airline sector surges, and earnings season begins with upbeat momentum.