Quantcast

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

Why fuel price crash won’t make flying cheaper
Kristi Noem says travelers without Real ID will still be able to fly after deadline
Airline Stocks To Keep An Eye On - April 28th
Report: JetBlue, United Mulling Partnership
New First-Class Suites, Futuristic Aircraft and the Top Air Travel News From April 2025
Southwest Airlines Announces Reimagined Fare Products, New Benefits for Rapid Rewards Credit Cardmembers and Tier Member Customers
New Alaska Airlines trading cards take flight this World Pilots’ Day - Alaska Airlines News
United CEO calls Trump's tariffs a 'chess game'
Virtual Training Becomes a Reality
Korean Air Restarts Longest 747 Passenger Flight in the World
Flight tickets from Srinagar remain exorbitantly high despite aviation ministry request
RTX Q1 Earnings & Sales Beat Estimates, Increase Year Over Year
Delta faces federal investigation as it scraps hundreds of flights for fifth straight day
Coalition pledges to remove EV tax break two days after Dutton ruled out scrapping it – as it happened
Adani’s airport unit seeks $750 million loan from global banks
GE Aerospace affirms outlook; CEO met with Trump to discuss tariffs
Flight made emergency landing in Denver after reported animal strike and engine fire
General Dynamics says G800 jet receives FAA, EASA certifications
Archer unveils plans for NYC air-taxi network in partnership with United Airlines
United Airlines doubles down on Chicago roots with new O'Hare billboards
ICAO Proposes ‘Journey Pass’ Biometric ID Boarding
Gatwick airport strikes, Easter 2025: will my flight be cancelled?
Boarding passes and check-in could be scrapped in air travel shake-up
The most in Mexico: American Airlines adds 30th destination as part of a record-breaking schedule
European air traffic warning means summer delays for holidaymakers
The EU rule change that could affect millions of Brits when their flight is delayed or cancelled
Delta Earnings Land Soon. Why They’re Key for Airline Stocks and the Economy.
Avelo Airlines to Operate Deportation Flights, Hiring Flight Attendants
Travel chaos 2025: all the strikes and disruption expected across Europe
Qatar Airways accelerates Starlink wifi implementation
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

The International Air Transport Association (IATA) has announced that its Wings of Change Europe (WOCE) event will take place at the Steigenberger Icon Wiltcher's Hotel in Brussels.

Oct 23, 2025

Delta Air Lines has announced a new partnership with Crunchyroll, the global anime streaming platform, to bring a curated selection of anime content to its flights.

Oct 23, 2025

Delta Air Lines has been recognized as one of the 2025 Fortune Best Workplaces for Women, marking its return to the list since 2019.

Oct 23, 2025

Delta Air Lines marked its 100th anniversary by serving as the official airline of the 60th Head of the Charles Regatta (HOCR) in Boston.

Oct 23, 2025

American Airlines has announced that it will upgrade its Boeing 777-200ER aircraft with new Flagship Suites, the airline's latest business-class product.

Oct 23, 2025

Delta Air Lines will introduce a new in-flight dining partnership with Chef José Andrés, bringing Spanish-inspired cuisine to select cabins starting November 4.

Oct 23, 2025