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Delta reports strong Q2 profits amid stable demand

Delta reports strong Q2 profits amid stable demand
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Ed Bastian CEO of Delta Air Lines | Official Website

Delta Air Lines has reported a net profit of $2.1 billion for the second quarter, marking a 63% increase compared to the same period last year. The airline has also reinstated its full-year guidance, projecting earnings per share (EPS) between $5.25 and $6.25 for 2025.

Glen Hauenstein, President of Delta Air Lines, noted that demand levels during Q2 were stable and comparable to the previous year. He attributed this stability to the airline's diverse and high-margin revenue streams which have remained resilient despite economic challenges.

The financial results indicate that Delta's non-adjusted operating revenue for Q2 was $16.6 billion, slightly lower than in Q2 2024, while operating costs increased by 1% year-on-year to $14.5 billion. Adjustments made for "third-party refinery sales and gains/losses on investments" resulted in an adjusted net profit of $1.3 billion, a decrease of 10% from the previous year.

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Ed Bastian, CEO of Delta Air Lines, emphasized the company's strong performance across key operational metrics and record revenues. "As we look to the second half of our centennial year," he stated, "we remain focused on executing our strategic priorities and managing the levers within our control to deliver strong earnings and cash flow."

Hauenstein further mentioned that premium products' revenue increased by $266 million in Q2 despite economic uncertainties influenced by decisions from the Trump administration regarding tariffs.

For Q3, Delta expects revenue to be flat or improve by up to 4% year-on-year as unit revenue trends are anticipated to get better with adjustments in capacity.

In summary, Delta Air Lines has shown resilience through strategic management of its resources amidst ongoing economic uncertainty.

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