Investor activity pre-released performance guidance. Delta Air Lines, Inc. (DAL.US) is expected to see a year-on-year revenue growth of 4-6% next year.

date
20/11/2024
avatar
GMT Eight
Delta Air Lines, Inc. (DAL.US) will hold an investor day event on Wednesday. The airline company said it will emphasize its strategic focus and long-term financial commitment in the presentations. In terms of forward guidance, Delta Air Lines, Inc. reaffirmed its performance guidance for 2024 and expects capacity to increase by 3-4% year over year in 2025, revenue to grow by around 4-6% year over year, and non-fuel unit costs to increase by around 2-4% year over year. Additionally, the company stated that long-term expectations include profit margin growth of around 14-16% and annual earnings per share growth of 10%. Delta Air Lines, Inc. CEO Ed Bastian stated before the event, "Over the past 15 years, our consistent strategy, investments, and execution have continued to enhance and unlock the value of our trusted brand. With this foundation, Delta Air Lines, Inc. will continue to drive innovation for our customers and deliver ongoing value for our owners." One of the key themes of this event will be how Delta Air Lines, Inc. is positioning itself to win. The company stated that it is leveraging its brand strength and leadership position to enhance all aspects of the travel experience, increase customer choices, and enhance loyalty to the Delta brand. Delta Air Lines, Inc.'s initiatives are expected to drive greater customer value, support revenue growth with high profit margins. As of the time of writing, Delta Air Lines, Inc. was slightly down 0.23% in pre-market trading.

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