tiprankstipranks
Delta Air Lines sees 2023 FCF over $2B
The Fly

Delta Air Lines sees 2023 FCF over $2B

"We made significant progress restoring our financial foundation in 2022 with positive free cash flow generation and three quarters of double-digit margins. This enabled us to pay down over $4.5 billion of gross debt during the year, strengthening our balance sheet," Janki said. "We expect to deliver free cash flow of more than $2 billion in 2023 and further reduce debt on our path to reach investment grade metrics in 2024."

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on DAL:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles