Delta Air Lines Q3 revenue rises 21% on strong travel demand
DAL•Delta Air Lines' third-quarter revenue rose 21% year over year to $20.19 billion, while adjusted EPS was $1.72. The company expects December-quarter revenue to rise about 20% and forecasts full-year EPS of $5.10 to $5.60.
1. Quarterly results
Delta said broad travel demand and higher yields drove record third-quarter revenue, with main-cabin unit revenue up 17% year over year. Adjusted EPS was $1.72, and net income was $756 million.
2. Costs and revenue streams
Adjusted fuel prices rose 60% year over year, pressuring margins. Premium, cargo and maintenance, repair and overhaul revenue streams each posted double-digit growth.
3. Company outlook
Delta expects December-quarter revenue to increase about 20% year over year and EPS of $1.15 to $1.65. It forecasts full-year EPS of $5.10 to $5.60 and expects to pay down more than $2 billion in debt in 2026.
