Highest-materiality recent filing
Delta Q1 adj. EPS $0.64 in line; guides Q2 EPS $1.00-$1.50 on fuel headwinds
Non-GAAP EPS $0.64, revenue $14.2B (+9.4% YoY), operating margin 4.6%.
Delta raises Q1 revenue guidance to high single-digit growth; reaffirms earnings range
Revenue growth guidance raised to high single-digit YoY from initial +5-7% range for March quarter.
Delta announces leadership changes; Carter named President, Janki COO, Snell CFO
John Laughter, EVP Chief of Operations and President of Delta TechOps, retires effective April 30, 2026 after 30+ years.
Delta principal accounting officer Carroll to retire; McConnell appointed effective April 1
William C. Carroll, principal accounting officer, will retire effective March 31, 2026.
Delta orders 31 Airbus widebody aircraft (16 A330-900, 15 A350-900) for delivery starting 2029
Deliveries of the 31 firm aircraft begin in 2029; option for up to 20 additional widebody aircraft.
Delta Q4 GAAP EPS $1.86; orders 30 Boeing 787-10s; FY26 EPS guidance up 20%
Q4 GAAP revenue $16.0B, operating income $1.47B; adj. EPS $1.55; full-year adj. EPS $5.82.
Delta President Glen Hauenstein to retire Feb 28, 2026; Joe Esposito named Chief Commercial Officer
Glen Hauenstein will retire as President of Delta, effective February 28, 2026.
Delta expects $200M pretax hit from Nov. gov't shutdown; bookings recovering
Government shutdown cuts Dec. quarter pre-tax profit by ~$200M, ~$0.25 EPS.
Delta Q3 adjusted EPS $1.71 beats; record revenue; guides Dec Qtr adj EPS $1.60-$1.90
GAAP EPS $2.17, adjusted EPS $1.71 (up 14% YoY); adjusted revenue $15.2B (+4.1% YoY).
Delta refinances SkyMiles credit facility; extends maturity to 2028, reduces margin to 1.50%
Refinanced existing SkyMiles term loans with replacement loans at adjusted SOFR + 1.50% margin (floor 0.0%).
Delta reaffirms Q3 revenue growth guidance of 2-4% YoY; expects upper half of range
Reaffirms Sept. quarter total revenue growth up 2-4% YoY, upper half of initial guidance range.
Delta Q2 adj EPS $2.10, revenue record $15.5B; restores FY guidance, raises dividend 25%
GAAP EPS $3.27; adjusted EPS $2.10 vs $2.36 YoY; adjusted operating margin 13.2%.
Delta shareholders approve compensation plan amendment, elect all 14 directors
Approved amendment to Performance Compensation Plan: +9.6M authorized shares, plan extended to June 19, 2035 (450.7M for, 16.2M against).
Delta closes $2B debt offering: 4.95% notes due 2028 and 5.25% notes due 2030
Issued $1B of 4.950% Notes due July 2028 and $1B of 5.250% Notes due July 2030.
Delta, Korean Air to acquire 25% stake in WestJet for $550M from Onex Partners
Delta invests $330M for 15% stake; Korean Air invests $220M for 10% stake in WestJet.
Board authorized $1B share repurchase program, to be completed by June 30, 2028.
Delta appoints directors Beck, McKenna to Audit and Safety committees
Amendment to prior 8-Ks filed Dec 13, 2024 and Jan 15, 2025 regarding board elections.
Delta Q1 adjusted EPS $0.46, guides Q2 EPS $1.70-$2.30, cuts H2 capacity to flat
GAAP net income $240M ($0.37 EPS); adjusted net income $298M ($0.46 EPS). Adjusted revenue $13.0B, up 3.3% YoY.
Delta cuts Q1 2025 guidance: revenue growth 3-4% (from 7-9%), adjusted EPS $0.30-$0.50
Revised Q1 2025 guidance: revenue growth 3–4% (prev 7–9%), operating margin 4–5% (prev 6–8%).
Delta Air Lines elects Judith McKenna to board, effective Feb 7, 2025
Judith McKenna elected to Delta's board, effective February 7, 2025.
Delta Q4 2024 adjusted EPS $1.85; FY25 guidance EPS >$7.35, FCF >$4B
Adjusted December quarter EPS of $1.85, up 45% YoY; GAAP EPS $1.29.
Delta Air Lines elects Christophe Beck, Ecolab CEO, to board of directors
Election effective December 12, 2024; committee assignments to be determined later.
Delta unveils 3-5 yr financial framework: mid-teens margin, 10% EPS growth, $3-5B FCF
Long-term targets: mid-teens operating margin, 1x gross leverage, 10% avg annual EPS growth, $3-5B annual FCF, 15%+ ROIC.
Delta Q3 EPS $1.50 adj. ($1.97 GAAP); CrowdStrike outage cost $380M revenue hit, 45¢ EPS
GAAP net income $1.27B ($1.97/share); adjusted net income $971M ($1.50/share), down 26% YoY mainly due to CrowdStrike outage.
Delta updates Q3 2024 outlook; EPS at high-end of range ex-$0.45 IT outage hit
Q3 EPS, excluding $0.45 CrowdStrike outage impact, expected at high-end of initial guidance range.
Delta COO Michael Spanos to depart effective August 31, 2024
Michael Spanos, EVP and COO, to leave Delta effective August 31, 2024.
Delta estimates $500M+ damages from CrowdStrike outage; pursuing legal claims
7,000 flight cancellations over five days from July 19 CrowdStrike outage.
Record Jun quarter revenue of $15.4B (adj), up 5.4% YoY; adj EPS $2.36 vs $2.68 last year.
All 12 director nominees elected; Sergio Rial (53.1M against) and David DeWalt (43.9M against) received significant opposition.
Delta assigns new directors Black and Chiang to board committees
Maria Black appointed to Finance Committee and Safety & Security Committee.
Delta Air Lines elects Maria Black (ADP CEO) and Willie Chiang (Plains CEO) to board
Board elected Maria Black (President/CEO of ADP) and Willie Chiang (Chairman/CEO of Plains All American) effective April 26, 2024.
Delta March-quarter adjusted EPS $0.45, revenue $12.6B; Q2 guidance EPS $2.20-$2.50
Adjusted operating revenue $12.6B up 6% YoY; adjusted operating margin 5.1%.
On January 15, 2025, the Board of Directors of Delta Air Lines, Inc. (“Delta”) elected Judith McKenna to Delta’s Board of Directors, effective February 7, 2025.
Delta Air Lines, Inc. (“Delta”) today announced that Michael Spanos, Delta’s Executive Vice President and Chief Operating Officer, will depart from the company effective as of August 31, 2024.
On April 25, 2024, the Board of Directors of Delta Air Lines, Inc. (“Delta”) elected Maria Black and Willie CW Chiang to Delta’s Board of Directors, effective April 26, 2024.
On April 25, 2024, the Board of Directors of Delta Air Lines, Inc. (“Delta”) elected Maria Black and Willie CW Chiang to Delta’s Board of Directors, effective April 26, 2024.
Max materiality 0.90 · Median 0.68 · Most common event earnings