Delta Air Lines Announces March Quarter 2024 Financial Results PR Newswire ATLANTA, April 10, 2024 Delivered industry-leading operational performance, record March quarter completion factor March quarter revenue and earnings at the high end of guidance Expect record June quarter revenue, mid-teens operating margin, and EPS of $2.20 to $2.50 Reiterating 2024 outlook for EPS of $6 to $7 and free cash flow of $3 to $4 billion ATLANTA, April 10, 2024 /PRNewswire/ — Delta Air Lines (NYSE: DAL) today reported financial results for the March quarter and provided its outlook for the June quarter. Highlights of the March quarter, including both GAAP and adjusted metrics, are on page five and incorporated here. “Thanks to the extraordinary work of our 100,000 people, Delta is delivering the best operational reliability in our history, and we have widened the gap to our competitors. We were thrilled to recognize their efforts with $1.4 billion

Delta Air Lines (NYSE:DAL) reported quarterly Adj earnings of $0.45 per share which beat the analyst consensus estimate of $0.36 by 25 percent. This is a 80 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $13.75 billion which beat the analyst consensus estimate of $12.57 billion by 9.39 percent. This is a 7.75 percent increase over sales of $12.76 billion the same period last year.

By Alison Sider Delta Air Lines said it expects strong summer travel demand as the carrier posted a better-than-expected profit for the first three months of the year. While other airlines are being stymied by delayed deliveries from Boeing, Delta hadnt been planning to receive any of the manufacturer’s jets this year. Delta Chief Executive Ed Bastian said that while the arrival of new 737 MAX 10 jets that the airline ordered in 2022 is likely shifting, deliveries from rival planemaker Airbus have been reliablesomething Bastian said has given Delta an advantage. Bastian said he wasnt among the cadre of airline CEOs that sought to meet with Boeings board last month, an unusual move that expressed their dissatisfaction with the company and its CEO. Bastian hadnt attended a trade group meeting where it was discussed, he said. Were not sitting waiting for Boeing. I think the other airlines are without

By Callum Keown Delta Air Lines beat earnings expectations in the first quarter and offered upbeat guidance as it flagged continuing strong travel demand. The stock jumped 4.1% ahead of the open Wednesday. The airline reported adjusted earnings per share (EPS) of 45 cents on revenue of $12.6 billion — record first-quarter revenue. Wall Street was expecting earnings of 36 cents per share on revenue of $12.5 billion, according to FactSet estimates. Its second-quarter outlook for EPS of between $2.20 and $2.50 came in above the analysts’ consensus of $2.22. International travel remains strong, while corporate travel demand is accelerating, Delta noted. That’s good news for other large-network airlines — United Airlines stock rose 3.4% and American Airlines was up 2.7% ahead of the open. It’s also a reason to believe Delta can keep outperforming. Despite the earnings beat and impressive guidance, Delta stuck to its full-year outlook for EPS