DALPrivate

Get Delta Air Lines updates in your inboxBeta

Q1 20258-KItem 2.02

Q1 2025 Earnings — Results of Operations

Filed April 9, 2025

AI Summary

March quarter EPS of $0.46 (adjusted) held flat year-over-year, but Delta is pulling back hard on the throttle — cutting second-half capacity growth to flat year-over-year and withdrawing full-year guidance amid trade-driven economic uncertainty. The airline is guiding Q2 operating margin of 11%–14% with EPS of $1.70–$2.30, leaning on premium revenue (up 7%), record AmEx remuneration (up 13%), and falling fuel prices to protect profitability while domestic and main cabin demand softens.

Filing Items

Item 2.02Results of Operations

The company is reporting its quarterly or annual financial results. This is the filing that accompanies an earnings call.

Item 9.01Financial Statements

Financial statements and exhibits are attached to this filing. Usually accompanies other items rather than standing alone.

Extracted Milestones (10)

Shipped

Delta Resumes Daily Nonstop JFK–Tel Aviv Service

Delta resumed daily nonstop service between JFK and Tel Aviv on April 1, 2025, restoring a previously suspended international route.

International
View full milestone →
Announced

Taittinger Champagne Partnership Launched for Delta One International Customers

Delta announced a partnership with luxury Champagne brand Taittinger to serve its product to Delta One customers on international flights.

Delta One
View full milestone →
Shipped

1,000th Free Wi-Fi-Enabled Aircraft Enters Service

In December 2025, Delta celebrated the milestone of its 1,000th free Wi-Fi-enabled aircraft entering service, expanding fast and free Wi-Fi availability for all customers through a free SkyMiles account.

Inflight Connectivity
View full milestone →
Announced

Delta Announces LAX–Melbourne Nonstop Service Starting December 2025

Delta announced new nonstop service from Los Angeles to Melbourne, Australia, set to launch in December 2025.

International
View full milestone →
Shipped

Shake Shack First Class Partnership Expanded to ATL, LAX, LGA, and SEA

Delta expanded its first-of-its-kind Shake Shack onboard partnership to First Class customers departing from Atlanta, Los Angeles, LaGuardia, and Seattle on flights over 900 miles.

Delta One
View full milestone →
Announced

Delta Partners with JetZero to Develop Blended-Wing-Body Aircraft Targeting 50% Fuel Efficiency Gain

Delta announced a partnership with JetZero to develop a Blended-Wing-Body aircraft design expected to be 50 percent more fuel efficient than current aircraft in operation.

SAFFleet
View full milestone →
Announced

Delta Deepens Airbus Partnership for fello'fly Fuel-Efficient Flying Technique Testing

Delta announced a deepened partnership with Airbus to advance testing of the fello'fly formation flying technique aimed at improving fuel efficiency through Airbus' UpNext Innovation lab and Delta's Sustainable Skies Lab.

SAF
View full milestone →
Shipped

New Cabin Design Begins Flying on A350 and Boeing 757 Aircraft

Delta began operating aircraft featuring a new cabin design with updated seating materials, enhanced lighting, and a refreshed color palette on A350 and Boeing 757 aircraft.

Delta OneFleet
View full milestone →
Shipped

New Delta Sky Club Opens in ATL Concourse D (25,000 sq ft, 500+ Seats)

Delta completed construction and opened a new Sky Club in Atlanta Concourse D spanning 25,000 square feet with seating capacity for more than 500 guests.

Sky Clubs
View full milestone →
Announced

Delta Announces First-Ever ATL–Marrakech Nonstop Service Starting October 2025

Delta formally announced its first nonstop service from Atlanta to Marrakech, Morocco, scheduled to begin in October 2025.

International
View full milestone →
Delta Air Lines Q1 2025 Earnings Filing | AlphaPerch