Delta is almost done with the pandemic
Delta Air Lines will leave the effects of the pandemic firmly in its rearview mirrors by the end of the year. “We call the end of 2023 the end of our restoration process. By the end of 2023, we will…
Tag Glen Hauenstein
Strong start in 2023 for Delta actually disappoints investors
Delta Air Lines’ 2023 got off to a strong start, which helped the airline to reduce the net loss by 61 percent year on year. Bookings were strong in the March quarter and continue to look good for Q2 as…
Delta eyes full recovery this summer on the back of strong 2022
Delta Air Lines is very pleased with its 2022 result as it turned a $-940 million Q1 loss into a $1.318 billion full-year profit and made good progress in restoring the balance sheet. Forget the Covid years 2020 and 2021,…
Delta bullish about 2023 as it plans to outpace 2019 levels
Delta Air Lines expects to significantly grow its revenues and earnings per share in 2023, based on strong growth and a full recovery to pre-pandemic levels. Solid free cash flow will help the airline to reduce its debt, it said…
Record revenues but lower Q3 profit for Delta Airlines
UPDATE – Record-high revenues for the September quarter haven’t translated into a likewise record-high net result for Delta Airlines. The airline reported a $695 million net profit for Q3, almost half that of the same period last year as it…