How is Delta doing financially?

Revenue Environment and Outlook We delivered record revenue in the June quarter, with total revenues 19 percent higher than the June quarter of 2022. These results reflect the strength of the demand environment, the hard work of our people and the momentum of Delta's brand, said Glen Hauenstein, Delta's president.



People Also Ask

What Is Delta Air Lines's Net Debt? The image below, which you can click on for greater detail, shows that Delta Air Lines had debt of US$19.7b at the end of June 2023, a reduction from US$24.2b over a year. However, because it has a cash reserve of US$6.04b, its net debt is less, at about US$13.7b.

MORE DETAILS

Delta's profit compared with earnings of $735 million in the second quarter of 2022. The quarter broke Delta's previous record for net income, set in the second quarter of 2016. The airline said adjusted profit, which excludes some one-time items, was $2.68 per share.

MORE DETAILS

Delta Air Lines is the largest by revenue, assets value and market capitalization. American Airlines Group is the largest by number of employees.

MORE DETAILS

By company revenue Delta Air Lines is the largest by revenue, assets value and market capitalization.

MORE DETAILS

Average Delta Air Lines Pilot yearly pay in the United States is approximately $180,067, which is 171% above the national average.

MORE DETAILS

Despite an unprecedented hiring spree, Delta still regularly doesn't have enough pilots or flight attendants ready to operate all its flights when things go wrong. Throw in a bad storm during a busy travel week, and things can fall apart quickly.

MORE DETAILS

This situation is caused mainly by the COVID-19 pandemic and the subsequent slowing of hiring and training, as well as the early retirement of thousands of pilots.

MORE DETAILS