Delta Air Lines Inc. Announces Q1 Financial Results

Delta Air Lines Inc. revealed its first-quarter financial results for the fiscal year 2025, showcasing a 2% increase in total operating revenue, reaching $14 billion. Despite this growth, the company experienced a 7% decline in operating income, which totaled $569 million. Notably, the diluted earnings per share (EPS) surged by 516% year-on-year, settling at $0.37 per share.

Looking Ahead: Q2 Expectations

For the upcoming second quarter, Delta anticipates revenue to fluctuate between a 2% decrease and a 2% increase. The operating margin is projected to lie between 11% and 14%, with EPS expected to range from $1.70 to $2.30. The airline has decided not to reaffirm its full-year 2025 financial guidance at this time, citing current uncertainties. An update will be provided later in the year as the situation becomes clearer.

CEO's Statement on Economic Challenges

"In the face of broad economic uncertainty and stalled global trade growth, Delta is taking proactive steps to safeguard its margins and cash flow," stated CEO Ed Bastian. Strategies include reducing planned capacity growth in the latter half of the year to match last year's levels, alongside stringent cost and capital expenditure management. Following the announcement, Delta's shares saw a 3.12% increase in premarket trading.