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ME NEWS 11 Mar 2025, 06:33
Delta Air Lines Updates Q1 2025 Guidance Amid Economic Uncertainty
Atlanta, GA – March 10, 2025 – Delta Air Lines, Inc. (NYSE: DAL) has revised its first-quarter 2025 financial outlook, citing a softening in domestic demand due to macroeconomic uncertainty. The company will present further details at the J.P. Morgan Industrials Conference on March 11, 2025, at 7:30 a.m. ET.

Updated Q1 2025 Financial Guidance:
Metric Revised Forecast Previous Guidance (Jan. 10, 2025)
Total Revenue Growth YoY 3% - 4% 7% - 9%
Operating Margin 4% - 5% 6% - 8%
Earnings Per Share (EPS) $0.30 - $0.50 $0.70 - $1.00
Despite weaker domestic demand, premium, international, and loyalty revenue trends remain stable, reflecting the resilience of Delta’s diversified revenue base.

Key Drivers Behind the Revision:
Macroeconomic Uncertainty: A decline in consumer and corporate confidence has led to softened domestic demand.
Strong Performance in Premium and International Segments: Premium and international markets continue to meet expectations.
Loyalty Revenue Growth: Delta's SkyMiles program and credit card partnerships remain key revenue drivers.
Financial Adjustments & Non-GAAP Measures
Delta has provided reconciliations for non-GAAP financial measures, adjusting for third-party refinery sales and mark-to-market (MTM) investment adjustments.

Metric Projected Q1 2025 (GAAP) Adjusted (Non-GAAP)
Total Revenue (in billions) $13.9 - $14.1 $12.9 - $13.1 (Excluding third-party refinery sales)
Operating Margin 3% - 4% 4% - 5% (Excluding refinery impact)
Earnings Per Share (EPS) $0.40 - $0.60 $0.30 - $0.50 (Excluding MTM investment adjustments)
Upcoming Presentation & Additional Information
Delta executives will discuss these updates at the J.P. Morgan Industrials Conference on March 11, 2025, and will provide further details on strategic initiatives and market trends.

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