Quantcast
Airline CEO wants airports to cap passengers at 2 alcoholic drinks to limit on-board disruptions
Regulator cuts Malaysia Airlines' air operator certificate duration after probe
United Airlines flight attendants are prepared to strike. Here's why it's still unlikely.
Emirates Will Buy 5 Airbus A380s From Lessor For $200 Million
Delta Air Lines named official airline of the WNBA
Pair Of C-Suite Officials Depart Wheels Up
LAX Receives Final Cars for People Mover Train
Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT
Alaska Airlines flight attendants reject new contract, union says there's 'more work to do'
Elliott Investment To Push For 10 New Boardroom Directors At Southwest Airlines
Alaska Air Backs JetZero Blended-Wing Design
AI in Aviation Line Maintenance: A Strategic Response to Delays, Satisfaction, and Staffing Challenges
Air taxi service plans for 2026 Los Angeles launch at USC, SoFi and LAX
VistaJet Flight Brings Home Americans in Prisoner Swap
Air Canada Blames Paris Olympics On Decreased Profits
Delta passengers sue airline over refund refusals after CrowdStrike meltdown
Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help
Korean Air Confirms A Spacious Lounge Is Coming To The New Terminal One at New York JFK
VAS Aero Services to Acquire an Additional 17 Airbus A320 Airframes, Bringing to 23 the Total Number of A320s Slated for Teardown and Harvested Parts Redistribution
Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million
Boeing Reports $16.9 Billion In Revenue For 2nd Quarter With 5,400 Commercial Aircraft Backlog
United Airlines says flight attendant in Terrell Davis incident is no longer employed and NFL legend’s ‘no fly’ ban is lifted | CNN
Nepal Plane Crash Kills 18 After Takeoff - Airline Ratings
Southwest Airlines is getting rid of open seating | CNN Business
CrowdStrike Outage Caused 10% Spike in Air Charter
Aircraft Engine Maintenance and Repair to Peak in 2026, Worsening Capacity Shortage for Commercial Aviation, Says Bain & Company
Joby’s Electric Air Taxi Makes European Debut
The National Right to Work Legal Defense Foundation announces NLRB-scheduled vote to remove union officials
Families recount the horror of MH17 ten years on - Airline Ratings
777-9 Enters Certification Flight Testing - AVweb

Delta Air Lines reports record earnings for December quarter and full year 2024

Policy
Webp 50c9b42ykyq8wtgwfug8kv0mj1sp
Perry Cantarutti, S.V.P – Alliances and International | Delta Air Lines

Delta Air Lines has announced its financial results for the December quarter and the full year 2024, alongside projections for the March quarter and full year 2025. The airline reported record revenue figures, highlighting $5 billion in pre-tax income, $8 billion in operating cash flow, and $3.4 billion in free cash flow for the entire year.

CEO Ed Bastian commented on Delta's performance: “2024 was a great year for Delta with our results reflecting differentiation from the industry and increased durability. Our people finished the year strong, delivering industry-leading 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.”

Looking ahead to 2025, Bastian expressed optimism about continued demand for travel: “As we move into 2025, we expect strong demand for travel to continue, with consumers increasingly seeking the premium products and experiences that Delta provides. 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.

For the December quarter of 2024 specifically, Delta reported an operating revenue of $15.6 billion with an operating income of $1.7 billion at an operating margin of 11 percent. Pre-tax income stood at $1.2 billion with a pre-tax margin of 7.7 percent.

The airline also outlined forward-looking statements as part of their report but cautioned that these are subject to risks and uncertainties which could lead actual outcomes to differ significantly from projections.

Organizations Included in this History
More News

Hawaiian Airlines is set to introduce its Boeing 787 Dreamliner on the route between Daniel K. Inouye International Airport in Honolulu and John F. Kennedy International Airport in New York.

Jan 26, 2025

Long Beach Airport has successfully diverted 35 tons of organic waste from landfills through its food scrap recycling program, initiated in late 2021.

Jan 25, 2025

Lufthansa has announced the completion of its Lockheed L-1649A Starliner restoration, also known as the 'Super Star,' a significant milestone in preparation for its centennial celebrations in 2026.

Jan 25, 2025

Passengers in the United States have a variety of airlines to choose from, each offering different levels of service and pricing.

Jan 25, 2025

Southwest Airlines is preparing to introduce assigned and extra-legroom seats next year, marking a significant change in its seating arrangements.

Jan 25, 2025

This week marks the 49th anniversary of the Concorde's entry into service, a milestone in commercial aviation history.

Jan 25, 2025