Moody’s upgrades Delta Air Lines' credit rating based on strong financial performance

Moody's highlighted several factors contributing to Delta's improved rating, including enhanced operations, free cash flow, debt reduction, moderated capacity growth in the U.S., strong international demand, premium offerings, and loyalty programs. The report noted that "Delta's business profile – characterized by its strong consumer brand, global network, competitive operating performance, emphasis on premium service offerings and the cash flows from its relationship with American Express – is strong."

Delta stands out in the industry with its balance sheet strength. It is one of only two airlines among DOT-reporting competitors holding an investment-grade rating across all three major agencies.

The article also contains forward-looking statements under securities laws regarding future expectations and strategies. These statements are subject to risks and uncertainties that could cause actual results to differ materially from projections. Additional information on these risks can be found in Delta's SEC filings.