other material
confidence high
sentiment positive
materiality 0.75
Delta raises Q1 revenue guidance to high single-digit growth; reaffirms earnings range
DELTA AIR LINES, INC.
- Revenue growth guidance raised to high single-digit YoY from initial +5-7% range for March quarter.
- MRO revenue expected to grow ~150% YoY in Q1, contributing ~2 pts to total revenue growth.
- Non-fuel unit costs guided up mid-single digits YoY to ~14.80-15.10 cents vs 14.23 cents prior year.
- 2025 free cash flow $4.6B, ROIC 12%, net leverage 1.9x; targets mid-teens margin and $3-5B annual FCF.
- AMEX remuneration reached $6.8B in 2025 on track to $10B; premium revenue hit $19B.