Delta Air Lines, Inc. (DAL)

In January 2025, Delta reported Q4 2024 earnings surpassing expectations, leading to a stock rise and an optimistic outlook for 2025. In March 2025, Delta revised its first-quarter earnings guidance downward due to a revenue shortfall and increased fuel prices. In April 2025, the company announced its March quarter 2025 financial results, with adjusted EPS beating expectations, leading to a stock jump. In June 2025, Delta canceled hundreds of flights ahead of its Q2 earnings report. In July 2025, Delta reported strong June quarter 2025 financial results, achieving record revenue and earnings per share, surpassing forecasts, and the stock jumped. The company also reinstated its full-year 2025 guidance and announced a dividend increase.

Demand for Delta Air Lines' products and services exhibits seasonal patterns. The fourth quarter is typically the strongest for air logistics and cargo, while the first quarter is generally slower. International travel demand has shown a trend of sustaining beyond the traditional summer peak. Economic uncertainty in early 2025 led to some softness in travel, prompting Delta to reduce its expected capacity growth. Demand for premium products consistently outpaces that for main cabin products.

Delta Air Lines, Inc. (DAL) is a major global airline headquartered in Atlanta, Georgia, providing scheduled air transportation for passengers and cargo, operating within the Industrials sector. Delta offers various cabin options, cargo services, regional flights under the Delta Connection brand, and is a founding member of the SkyTeam airline alliance. A significant revenue stream is its partnership with American Express tied to the SkyMiles loyalty program. Delta also engages in aircraft maintenance, repair, and overhaul (MRO) operations and offers travel-adjacent services.

Delta Air Lines operates a global network, serving over 300 destinations in more than 50 countries across six continents. Its operations are centered around a hub-and-spoke system with nine domestic hubs and maintains significant hubs and market presence internationally in cities such as Amsterdam, London-Heathrow, Mexico City, Paris-Charles de Gaulle, and Seoul-Incheon. Through its international joint ventures and alliances like SkyTeam, Delta further extends its global reach.

Delta Air Lines has maintained a strong brand reputation, recognized as the Top U.S. Airline for operational performance by the Wall Street Journal and earning the Cirium Platinum Award. Delta was ranked #1 in J.D. Power's Premium Economy Satisfaction survey and awarded Best Airline Staff in North America at the Skytrax World Airline Awards. The Points Guy recognized Delta as the Best U.S. Airline. Fortune ranked Delta as the top-ranked airline in its list of Most Admired Companies. While a computer outage in July 2024 impacted operations, no other significant negative events explicitly affected Delta's brand reputation within the past year were prominently reported.

Delta Air Lines' stock ownership includes institutional, retail, and individual investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Sanders Capital, LLC, and State Street Corp. Vanguard Group Inc. is the largest institutional shareholder. The top individual shareholders are Edward H. Bastian (CEO), Glen W. Hauenstein (President), and Peter W. Carter (E.V.P. and Chief Legal Officer & Corporate Secretary).