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Cost Per ASM
Calculates the cost incurred for each available seat mile, providing insight into operational efficiency and cost management.Cost per ASM fell from pandemic extremes but has steadily returned and the most recent quarter marks a clear uptick to the highest level since the recovery—a sign that unit costs are reasserting pressure on margins. Management pins this on a sharp fuel shock plus persistent nonfuel inflation; revenue strength and capacity discipline provide offset, but Delta’s ability to recapture fuel costs (and benefit from a refinery offset) will determine whether earnings hold or face further downside.
Date | Cost Per ASM |
|---|---|
Jun 30, 2026 | $0.23 |
Mar 31, 2026 | $0.22 |
Dec 31, 2025 | $0.20 |
Sep 30, 2025 | $0.19 |
Jun 30, 2025 | $0.19 |
Mar 31, 2025 | $0.20 |
Dec 31, 2024 | $0.19 |
Sep 30, 2024 | $0.19 |
Jun 30, 2024 | $0.19 |
Mar 31, 2024 | $0.20 |