Delta Air Lines backs FY24 EPS view $6.00-$7.00, consensus $6.46

Sees FY24 free cash flow $3B-$4B. The company said, “Growth is normalizing and we are in a period of optimization, with a focus on restoring our most profitable core hubs and delivering efficiency gains. For the June quarter, non-fuel unit costs are expected to increase approximately 2 percent, consistent with our full year outlook for a low single-digit increase in non-fuel unit costs over 2023.”