The carrier will report earnings Thursday, providing an update on the health of the travel sector and the U.S. economy.

Delta Air Lines executives say they believe the current slump in domestic air travel will pass soon, prompting the carrier to restore a full-year earnings forecast that it scrapped this spring amid market volatility.

Delta Air Lines regains momentum with raised guidance, dividend hike, and strong premium, loyalty growth. See why DAL stock is upgraded to buy.

Delta Air Lines, the world’s largest carrier by revenue, reported upbeat second quarter results and reinstated its guidance as growing economic clarity deflects headwinds resulting from a global trade war.

For the most recent quarter, analysts expect Delta to report earnings of $2.03 per share on revenue of $16.18 billion for the upcoming quarter. This reflects a decrease compared to the same quarter last year when the company reported earnings of $2.36 per share on revenue of $16.66 billion.

The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year.

Trump the tariff man has returned in force. The president slapped a 50% tariff on copper imports, powering shares of metals play Freeport-McMoRan ( FCX) up almost 5% on the week. Copper ( HG=F) prices have surged 10% since Monday.

U.S. mining stocks rallied after President Trump confirmed copper tariffs will [take effect Aug. 1](

Wall Street looked set for a subdued start on Thursday, taking a breather after Nvidia's $4 trillion sprint, while airline stocks jumped following Delta's upbeat forecast. At 8:36 a.m. ET, Dow E-minis were down 56 points,