Delta Air Lines has announced its financial results for the March 2025 quarter, along with its forecast for the upcoming June quarter.

Quick Summary:
While the results for the first quarter were not as expected initially, the company managed to achieve solid profitability comparable to last year, which positions it strongly within the aviation sector.

Ed Bastian, the CEO, expressed:

“While the first quarter unfolded differently than initially expected, we delivered solid profitability that was flat to prior year and is expected to lead the industry.”

He extended his gratitude to Delta’s staff for their remarkable efforts during the quarter.

Market Outlook

Bastian noted the current economic uncertainty affecting global trade, leading to a stall in growth. Delta is focused on guarding its profit margins and cash flow by controlling various aspects, which includes reducing the planned capacity growth for the latter half of the year.

Projected profitability for June:

• Expected to reach $1.5 to $2 billion.
  Due to the unclear economic landscape, an updated yearly forecast is still premature. However, with declining fuel prices and a strong position, Delta is optimistic about maintaining solid profitability and cash flow for the year.

Financial Highlights from March Quarter 2025:

• Operating revenue: $14.0 billion
• Operating income: $569 million, 4.0% operating margin
• Pre-tax income: $320 million, 2.3% pre-tax margin
• Earnings per share: $0.37
• Operating cash flow: $2.4 billion
• Debt payments: $531 million
• Total debt obligations: $15.8 billion at quarter end

This performance reflects Delta’s resilience and strategic focus amidst challenges in the global market.