Delta: Delta Air Lines announces March quarter 2025 financial results

The latest Delta Air Lines news covering business, health and safety, leadership, routes and waivers, Delta people, our values and more. Delta Air Lines today reported financial results for the March 2025 quarter and provided its outlook for the June quarter. Delta Air Lines (NYSE: DAL) today reported financial results for the March quarter and provided its outlook for the June quarter. "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," said Delta CEO Ed Bastian . "I would like to thank our people for their outstanding performance and hard work during the quarter." "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." "We expect June quarter profitability of $1.5 to $2 billion . 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." March Quarter 2025 GAAP Financial Results *Operating revenue of $14.0 billion *Operating income of $569 million with an operating margin of 4.0 percent *Pre-tax income of $320 million with a pre-tax margin of2.3 percent *Earnings per share of $0.37 *Operating cash flow of $2.4 billion *Payments on debt and finance lease obligations of $531 million *Total debt and finance lease obligations of $15.8 billion at quarter end Read the full release on PR Newswire or via download. Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its March quarter 2025 financial results at 10 a.m. ET , Wednesday, April 9, 2025 . Forward Looking Statements Statements made in this press release that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments or strategies for the future, should be considered "forward-looking statements" under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees or promised outcomes and should not be construed as such. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments and strategies reflected in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the possible effects of serious accidents involving our aircraft or aircraft of our airline partners; breaches or lapses in the security of technology systems we use and rely on, which could compromise the data stored within them, as well as failure to comply with evolving global privacy and security regulatory obligations or adequately address increasing customer focus on privacy issues and data security; disruptions in our information technology infrastructure; our dependence on technology in our operations; increases in the cost of aircraft fuel; extended disruptions in the supply of aircraft fuel, including from Monroe Energy, LLC ("Monroe"), a wholly-owned subsidiary of Delta that operates the Trainer refinery ; failure to receive the expected results or returns from our commercial relationships with airlines in other parts of the world and the investments we have in certain of those airlines; the effects of a significant disruption in the operations or performance of third parties on which we rely; failure to comply with the financial and other covenants in our financing agreements; labor-related disruptions; the effects on our business of seasonality and other factors beyond our control, such as changes in value in our equity investments, severe weather conditions, natural disasters or other environmental events, including from the impact of climate change; failure or inability of insurance to cover a significant liability at Monroe's refinery; failure to comply with existing and future environmental regulations to which Monroe's refinery operations are subject, including costs related to compliance with renewable fuel standard regulations; significant damage to our reputation and brand, including from exposure to significant adverse publicity or inability to achieve certain sustainability goals; our ability to retain senior management and other key employees, and to maintain our company culture; disease outbreaks or other public health threats, and measures implemented to combat them; the effects of terrorist attacks, geopolitical conflict or security events; competitive conditions in the airline industry; extended interruptions or disruptions in service at major airports at which we operate or significant problems associated with types of aircraft or engines we operate; the effects of extensive regulatory and legal compliance requirements we are subject to; the impact of environmental regulation, including but not limited to regulation of hazardous substances, increased regulation to reduce emissions and other risks associated with climate change, and the cost of compliance with more stringent environmental regulations; and unfavorable economic or political conditions in the markets in which we operate or volatility in currency exchange rates. Additional information concerning risks and uncertainties that could cause differences between actual results and forward-looking statements is contained in our Securities and Exchange Commission (SEC) filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other filings filed with the SEC from time to time. Caution should be taken not to place undue reliance on our forward-looking statements, which represent our views only as of the date of this press release, and which we undertake no obligation to update except to the extent required by law. . (C) 2025 M2 COMMUNICATIONS, source M2 PressWIRE The latest Delta Air Lines news covering business, health and safety, leadership, routes and waivers, Delta people, our values and more. Delta Air Lines today reported financial results for the March 2025 quarter and provided its outlook for the June quarter. Delta Air Lines (NYSE: DAL) today reported financial results for the March quarter and provided its outlook for the June quarter. "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," said Delta CEO Ed Bastian . "I would like to thank our people for their outstanding performance and hard work during the quarter." "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." "We expect June quarter profitability of $1.5 to $2 billion . 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." March Quarter 2025 GAAP Financial Results *Operating revenue of $14.0 billion *Operating income of $569 million with an operating margin of 4.0 percent *Pre-tax income of $320 million with a pre-tax margin of2.3 percent *Earnings per share of $0.37 *Operating cash flow of $2.4 billion *Payments on debt and finance lease obligations of $531 million *Total debt and finance lease obligations of $15.8 billion at quarter end Read the full release on PR Newswire or via download. Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its March quarter 2025 financial results at 10 a.m. ET , Wednesday, April 9, 2025 . Forward Looking Statements Statements made in this press release that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments or strategies for the future, should be considered "forward-looking statements" under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees or promised outcomes and should not be construed as such. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments and strategies reflected in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the possible effects of serious accidents involving our aircraft or aircraft of our airline partners; breaches or lapses in the security of technology systems we use and rely on, which could compromise the data stored within them, as well as failure to comply with evolving global privacy and security regulatory obligations or adequa