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

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

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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.

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