Delta Surpasses Q1 Forecasts but Withholds 2025 Guidance

Delta Air Lines reported a stronger-than-expected Q1 2025 financial performance, with operating revenue up 3.3% year-over-year to $14.04 billion, surpassing analyst predictions. Despite this, Delta withheld its full-year guidance due to economic uncertainties, particularly around global trade and tariffs, which have affected consumer and corporate confidence. Delta CEO Ed Bastian noted the company's strategy to protect margins by reducing planned capacity growth and managing costs amid stalled growth. While Delta achieved a net income of $240 million and benefited from lower fuel prices, shares have declined significantly due to investor concerns about broader economic impacts. The airline has taken incremental actions to manage costs and expects non-fuel cost growth to align with long-term targets. Delta's focus on premium and international revenue streams showed resilience, outpacing main cabin growth.