DAL Delta reported a 9% year-over-year increase in Q4 revenue, reaching $15.6 billion, surpassing estimates by $1.08 billion. Adjusted earnings per share (EPS) came in at $1.85, beating expectations by $0.11. The airline noted strong demand for premium seating and international travel, with premium revenue growing six percentage points faster than main cabin revenue. Investments in upscale offerings, such as enhanced lounges and high-end cabins, continue to attract both leisure and business travelers.
CEO Ed Bastian described the supply-demand dynamics as the best he’s witnessed, driven by double-digit growth in corporate travel and a resurgence in transatlantic bookings. Looking ahead, Delta forecasts its best financial performance in FY25, projecting adjusted EPS above $7.35 and free cash flow exceeding $4 billion. The company also announced a new partnership with Uber for its SkyMiles program, replacing its previous collaboration with Lyft.