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Delta Air Lines announces financial results for March quarter 2025

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Delta Air Lines announces financial results for March quarter 2025
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John Fechushak, V.P. ‐ Airport Operations, LAX, SEA, SLC, West | Delta Air Lines

Delta Air Lines has released its financial results for the March quarter of 2025 and shared its outlook for the coming months. CEO Ed Bastian remarked on the company's performance, noting, “While the first quarter unfolded differently than initially expected, we delivered solid profitability that was flat to prior year and is expected to lead the industry. I would like to thank our people for their outstanding performance and hard work during the quarter."

Bastian also addressed current economic conditions. “With broad economic uncertainty around global trade, growth has largely stalled. In this slower-growth environment, we are protecting margins and cash flow by focusing on what we can control. This includes reducing planned capacity growth in the second half of the year to flat over last year while actively managing costs and capital expenditures.”

Looking ahead, Delta anticipates a profitable June quarter with estimated earnings between $1.5 and $2 billion. Bastian said, “Given the lack of economic clarity, it is premature at this time to provide an updated full-year outlook. Given our position of strength, our bias toward action and the decline in fuel prices, Delta remains well positioned to deliver solid profitability and free cash flow for the year. I expect that our financial results will continue to lead the industry and validate our strategy to create differentiation and greater financial durability.”

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In terms of detailed financial results for the March quarter, Delta reported operating revenue of $14.0 billion and an operating income of $569 million, resulting in an operating margin of 4.0 percent. The pre-tax income was noted at $320 million with a pre-tax margin of 2.3 percent. Earnings per share were reported at $0.37, with operating cash flow reaching $2.4 billion. The company also made payments of $531 million on debt and finance lease obligations, with a total of $15.8 billion in debt and finance lease obligations by the end of the quarter.

The company highlighted several factors that could impact future results, including a variety of risks and uncertainties relating to economic conditions, regulatory changes, and operational challenges. These include, but are not limited to, the effects of serious accidents, technology breaches, fuel price increases, and public health threats, as well as compliance with environmental regulations.

Delta advises stakeholders to consider these risks when interpreting forward-looking statements and relies on ongoing SEC filings for additional information.

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