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FX.co ★ Delta Air Lines: Q4 Revenue Outlook On Track; Targets 2025 Revenue Growth Of Mid-single Digits

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typeContent_19130:::2024-11-20T12:27:00

Delta Air Lines: Q4 Revenue Outlook On Track; Targets 2025 Revenue Growth Of Mid-single Digits

Delta Air Lines (DAL) has confirmed its financial guidance for the December quarter, maintaining its projections. The company has also provided an initial outlook for 2025, indicating an anticipated capacity growth of 3% to 4% year-over-year, revenue growth in the mid-single digits, and non-fuel unit cost increases in the low-single digits compared to the previous year. Delta emphasized that these forecasts are based on a 2024 baseline that does not include the effects of the outage caused by CrowdStrike in the September quarter.

Delta's Chief Financial Officer, Dan Janki, stated, "We are unveiling a financial framework over the next three to five years that focuses on key value drivers, including margin expansion, consistent earnings and free cash flow, and strengthening our balance sheet. This framework underscores Delta's commitment to financial discipline and strategic priorities."

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