Delta Air Lines (DAL) Lowers Q1 Guidance

March 10, 2025 4:26 PM EDT

Delta Air Lines (NYSE: DAL)

As previously announced, executives of Delta Air Lines, Inc. (“Delta”) are presenting at the J.P. Morgan Industrials Conference on March 11, 2025 at 7:30 a.m. ET. The presentation to be used in conjunction with the event is furnished as Exhibit 99.1 to this Form 8-K.

Ahead of this presentation, Delta is revising its March quarter outlook, previously provided on January 10, 2025, as set forth below.

Delta expects to deliver total revenue growth for the March quarter of 3 to 4 percent year-over-year. The outlook has been impacted by the recent reduction in consumer and corporate confidence caused by increased macro uncertainty, driving softness in Domestic demand. Premium, international and loyalty revenue growth trends are consistent with expectations and reflect the resilience of Delta’s diversified revenue base.

1Q25 ForecastInitial Guidance
Total Revenue YoYUp 3% - 4%Up 7% - 9%
Operating Margin4% - 5%6% - 8%
Earnings Per Share$0.30 - $0.50$0.70 - $1.00



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