Delta Air Lines announces March quarter 2025 financial results
Delta Air Traces reported monetary outcomes for the March quarter and supplied its outlook for the June quarter. “Whereas the primary quarter unfolded in a different way than initially anticipated, we delivered strong profitability that was flat to prior 12 months and is predicted to steer the business,” stated Delta CEO Ed Bastian. “I wish to thank our folks for his or her excellent efficiency and exhausting work in the course of the quarter.”
“With broad financial uncertainty round international commerce, progress has largely stalled. On this slower-growth atmosphere, we’re defending margins and money circulation by specializing in what we will management. This consists of decreasing deliberate capability progress within the second half of the 12 months to flat over final 12 months whereas actively managing prices and capital expenditures.”
“We count on June quarter profitability of $1.5 to $2 billion. Given the dearth of financial readability, it’s untimely presently to offer an up to date full-year outlook. Given our place of power, our bias towards motion and the decline in gas costs, Delta stays nicely positioned to ship strong profitability and free money circulation for the 12 months. I count on that our monetary outcomes will proceed to steer the business and validate our technique to create differentiation and higher monetary sturdiness.”
March Quarter 2025 GAAP Monetary Outcomes
- Working income of $14.0 billion
- Working revenue of $569 million with an working margin of 4.0 p.c
- Pre-tax revenue of $320 million with a pre-tax margin of2.3 p.c
- Earnings per share of $0.37
- Working money circulation of $2.4 billion
- Funds on debt and finance lease obligations of $531 million
- Whole debt and finance lease obligations of $15.8 billion at quarter finish