Delta Air Lines Reports Record 2024 Profits

Delta Air Lines reported a record financial performance for 2024, achieving an operating revenue of $61.6 billion and a pre-tax income of $4.7 billion. The airline celebrated a $1.4 billion profit-sharing payout to employees, highlighting strong operational results and industry differentiation. CEO Ed Bastian expressed optimism for 2025, projecting earnings per share greater than $7.35 and free cash flow exceeding $4 billion, driven by ongoing high demand for travel and a shift towards premium services. Delta anticipates revenue growth of 7-9% in the first quarter of 2025 and strong consumer preference for premium offerings. Despite a slight miss on earnings expectations in Q4 2024, Delta's overall performance exceeded revenue forecasts, underscoring its effective revenue management strategies. The airline is poised for its best financial year in its 100-year history, supported by a constructive industry backdrop and robust operational efficiency.