Quantcast

Delta Air Lines reports record-breaking financial results for full-year 2024

US court blocks Biden administration's airline fee disclosure rule
JetBlue Issues Dim Outlook But Execs Remain Confident in Turnaround Plan
These Frequent Fliers Are Done With Loyalty Programs
JetBlue accepting Venmo as payment method for flights purchased through mobile app
United Airlines stock rallies on results, as growing demand wasn’t just about premium seats
Delta Adds Another Alaska Route
Southwest to Reduce Pilot Head Count at Several Bases
Dublin Airport savings boost for holidaymakers – but passengers need to be quick
American Halts CRJ-200 Operations
Shanghai Airlines to Launch Casablanca Route
Delta employees to receive an average five weeks of pay in annual profit sharing
Akasa Air faces DGCA heat for lapses; warning letter issued to airline's accountable manager
Indigo Eyes European Market Amid Intensifying Competition with Air India
Air India to operate daily Delhi-Prayagraj flights for Maha Kumbh
Engine maker agrees to compensate WizzAir for grounded planes
Turkish Airlines’ flights are riddled with bedbugs, passengers say
British Airways frequent flyers react to Executive Club changes
Inside the short-lived, men-only flights where kids and women were banned but cigar and pipe smoking were rife
China steps up drive to break Boeing, Airbus grip on plane market
Heathrow’s New York service clings to spot in top aviation routes
Airline praises pilots in crash-landing where both died but nearly half the passengers survived
Mexico state airline to buy five Embraer planes next year
A record number of people are expected to fly over the holidays. That's good for travel stocks, but not for passengers.
American Airlines technical issue sparks travel chaos on Christmas Eve as flights heavily delayed after being grounded
Why United Airlines has had such a stellar year despite being Boeing's biggest customer
JetBlue nixing routes between multiple major cities, reducing several others
Airline Stocks Led The Travel Industry's Record 2024 Rally. Here's What's Next.
It’s beginning to look like another record for holiday travel
Qatar Airways cleans up at the World Travel Awards
All of the strikes at European airports this winter – find out if you are affected
Delta Air Lines reports record-breaking financial results for full-year 2024
Policy
Webp 5r3vc2svdh8ibaxk8gr8iutw0za2
Simple Flying | Simple Flying

Delta Air Lines has reported its 2024 financial results, revealing a record-breaking year in terms of revenue, pre-tax income, and cash flow. The airline recorded adjusted revenues of $57 billion and an operating income of $6 billion with an operating margin of 10.6%. Operating cash flow reached $8 billion, while earnings per share (EPS) stood at $6.16.

Ed Bastian, CEO of Delta Air Lines, stated that 2024 was a successful year for the company, reflecting its differentiation from the industry and increased durability. He emphasized the airline's strong operational and financial performance. "Sharing Delta's success is core to our culture, and I'm excited to recognize our people's outstanding efforts with $1.4 billion in profit sharing payments next month," said Bastian.

The airline anticipates continued strong demand for travel in 2025, with consumers increasingly seeking premium products offered by Delta Air Lines. Bastian expressed confidence in the company's strategy: "Our differentiated strategy and best-in-class operations, combined with demand strength and an increasingly constructive industry backdrop, position us to deliver the best financial year in Delta's 100-year history."

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

However, Delta noted that its projected EPS growth of more than 10% year-on-year is compared to a "normalized" EPS baseline that excludes the impact of the CrowdStrike outage in July.

In terms of passenger metrics, Delta's average passenger-mile yield dropped by 2%, while passenger revenue per available seat mile (PRASM) also decreased by 2%. Despite this, both revenue passenger miles (RPM) and available seat miles (ASM) increased by 6% year-on-year.

Glen Hauenstein, president of Delta Air Lines, highlighted Q4 2024 revenue growth of 5.7% year-on-year as being ahead of guidance: "With strength continuing into the new year, we expect March quarter adjusted revenue to be 7 to 9 percent higher than 2024 on growth in capacity and unit revenue."

Delta's full-year adjusted net income was $3.9 billion compared to $4.02 billion in 2023. Not-adjusted net income was reported at $3.4 billion for 2024 against $4.6 billion in the previous year.

Revenue from premium products continued to close the gap with main cabin ticket revenues. In 2024, Delta earned $20.5 billion from premium products—an increase of $1.4 billion—and $24.97 billion from the main cabin.

During its investor day in November 2024, Delta outlined plans to focus on premium cabins further and predicted that by 2027 premium cabin revenues would surpass those from its main cabin sales.

Organizations Included in this History
More News

Delta Air Lines will introduce new in-flight menu options created by celebrity chef José Andrés starting November 4.

Oct 25, 2025

The Blue Sky partnership between United Airlines and JetBlue launched today, allowing members of both airlines’ loyalty programs to earn and redeem points across the two carriers.

Oct 25, 2025

Air Canada is set to expand its presence at Billy Bishop Toronto City Airport (YTZ) by introducing four new nonstop routes to the United States in 2026.

Oct 25, 2025

United Airlines has announced it will add 10 new destinations from its Chicago O'Hare International Airport hub starting next year.

Oct 25, 2025

The partnership between United Airlines and JetBlue, known as Blue Sky, has officially launched.

Oct 25, 2025

American Airlines will introduce its new Airbus A321XLR aircraft on December 18, marking the first time a U.S. airline operates this model.

Oct 25, 2025