Quantcast

Delta Air Lines reports lower fuel costs amid increased usage

United Airlines CEO Reassures Passengers About Newark Airport Safety
American Testing Tech to Help Passengers Make Connecting Flights
British Airways to use AI in efforts to improve operations
American Airlines Tests New Tech to Help Passengers With Tight Connections During Summer Rush
Flight Diverted After Pregnant Woman on Board Goes into Labor and Delivers Her Baby: Report
U.S. Transportation Secretary Sean P. Duffy Unveils Plan to Build Brand New, State-of-the-Art Air Traffic Control System
Passenger rushing for next flight can't believe what woman next to her does
Why fuel price crash won’t make flying cheaper
Kristi Noem says travelers without Real ID will still be able to fly after deadline
Frontier Airlines Announces New Routes Launching This Summer, Connecting Baltimore With Chicago O’Hare and Trenton, N.J. With Myrtle Beach, S.C.
Airlines in North America prioritize investments in cyber, AI
The evolution of the airline uniform — a cross check
Global Airlines & HiFly Operate 1st Passenger Airbus A380 Flight Between Barcelona And Berlin
American Airlines unveils ritzy new plane suites launching this summer
Airline Stocks To Keep An Eye On - April 28th
Gatwick Airport Faces Potential Strikes
50 New Routes Starting In May 2025
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
Delta Air Lines reports lower fuel costs amid increased usage
Policy
Webp received 2143429886093802
Dan Janki Delta Air Lines E.V.P. and Chief Financial Officer | Delta Air Lines Website

Delta Air Lines reported a significant reduction in its fuel expenses for 2024, despite an increase in fuel usage by over 5% compared to the previous year. The airline's annual report filed with the United States Securities and Exchange Commission (SEC) on February 11 indicated that Delta consumed $4.1 billion worth of fuel in gallons, up from $3.9 billion in 2023 and $3.4 billion in 2022. Nevertheless, Delta spent the least amount on fuel in 2024, with a total bill of $10.5 billion.

The average price per gallon decreased to $2.57 in 2024 from $2.82 in 2023 and $3.36 in 2022. Despite fluctuations in fuel prices, Delta has managed to keep costs down as its fleet expanded from 1,062 aircraft in 2019 to 1,292 aircraft by the end of 2024.

Delta's cost per available seat mile (CASM) excluding fuel (CASM-ex) rose from 12.87¢ in 2019 to 13.54¢ by the end of 2024 due to inflationary pressures and new agreements with pilot unions. However, overall CASM decreased by about 4% during this period.

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.

Between 2019 and 2024, Delta's efforts towards fleet renewal resulted in a notable improvement of approximately 6.6% in fleet-wide fuel efficiency. In the past year alone, Delta added new aircraft including Airbus A220-300s, A321neos, A330-900s, and A350-900s which are on average "28% more fuel efficient per seat mile than the aircraft it has been retiring since 2019." The airline also invested in retrofitting existing planes with updated technologies aimed at reducing fuel consumption.

Delta is fitting split-scimitar winglets on its Boeing 737 Next Generation aircraft—a process completed for the Boeing 737-900ER model and expected to finish for the Boeing 737-800 fleet by late 2025—anticipating potential savings of over three million gallons of fuel.

In terms of financial performance, Delta disclosed net income figures for Q4 and full-year results for 2024 on January 10: a net income of $843 million for Q4 and $3.4 billion for the entire year were reported as non-adjusted figures; adjusted quarterly net income was $1.2 billion while full-year adjusted net income stood at $3.9 billion.

CEO Ed Bastian expressed optimism about continued strong demand for travel into this year, highlighting consumer interest in premium products offered by Delta Air Lines.

Organizations Included in this History
More News

UPS has operated one of the longest direct air cargo routes in the United States since 2018, connecting Louisville’s Muhammad Ali International Airport (SDF) in Kentucky with Dubai International Airport (DXB) in the United Arab Emirates.

Aug 2, 2025

The Boeing 737 MAX 10 is the largest version of the 737 family, designed to compete with the Airbus A321neo.

Aug 2, 2025

Russian airline Aeroflot reported significant flight disruptions on Monday, July 28, due to a failure in its information systems.

Aug 2, 2025

After more than four years, American Airlines will reintroduce its Boeing 777-200ER aircraft on the New York John F. Kennedy International Airport (JFK) to Los Angeles International Airport (LAX) route starting October 6.

Aug 2, 2025

The Airbus A321XLR, which entered service in late 2024, is now the longest-range narrowbody aircraft available.

Aug 2, 2025

The Boeing 747 and Airbus A380 are the only commercial jetliners with a partial or full second passenger deck, and both have left a significant mark on aviation history.

Aug 2, 2025