Record Third Quarter Revenue
Delta reported record third quarter revenue of $15.2 billion, with a 4.1% year-over-year increase, exceeding guidance.
Strong Financial Metrics
Reported pretax income of $1.5 billion, earnings of $1.71 per share, and an 11.2% operating margin. Free cash flow reached $830 million.
Premium and Loyalty Growth
Premium revenue grew 9%, and loyalty revenue improved 9%, with co-brand card spending up double digits.
Operational Excellence
Delta led the industry on reliability and customer experience, with strong performance in on-time operations and customer satisfaction.
Successful Debt Reduction
Successfully repriced SkyMiles term loan, reducing the rate by 225 basis points, and paid down nearly $2 billion in debt year-to-date.