count. >> Welcome back. Airlines in rally mode today the U.S. Global Jets ETF moving higher.But the group is still down for the year. Delta's leading that space this morning after posting a beat on quarterly results and reinstating their 2025 profit outlook. Earnings call is now underway.Stock's up almost 13% Phil LeBeau talked to Ed Bastian this morning and joins us with more. Hey Phil. >> And Carl.What we will expect on that call are a number of questions about what's going to happen to capacity after the ...

Financial Data and Key Metrics Changes - The company reported a pretax income of $1.8 billion, with earnings of $2.1 per share, and achieved record quarterly revenue of $15.5 billion, reflecting a year-over-year increase of approximately 1% [7][17] - The operating margin was 13.2%, and free cash flow generated during the quarter was $700 million, bringing the year-to-date total to $2 billion [7][27] - Non-fuel unit cost growth was 2.7%, consistent with previous quarters, indicating effective cost management despite operational challenges [27][30] Business Line Data and Key Metrics Changes - Premium revenue grew by 5% year-over-year, while loyalty revenue increased by 8%, demonstrating strong customer engagement, particularly among millennial and Gen Z segments [19][20] - Revenue from Delta's travel products portfolio grew by 8%, with significant growth in cars, stays, and cruise products [21] - Cargo revenue increased by 7% year-over-year, and MRO revenue accelerated to 29% growth, reflecting higher volumes and work scopes [21][22] Market Data and Key Metrics Changes - Overall demand for air travel remained stable compared to the previous year, with softness primarily in the main cabin during off-peak periods [9][10] - The company noted that corporate revenue improved modestly year-over-year, with premium products showing sustained strength [21][22] - The company expects revenue growth for September to be flat to up 4% year-over-year, indicating stable demand across consumer and corporate segments [22][30] Company Strategy and Development Direction - The company is focused on managing capacity to match demand and controlling costs to deliver strong earnings and free cash flow [11][12] - Strategic investments are being made to enhance the travel experience, expand customer choice, and deepen loyalty to the Delta brand [24][25] - The company is also investing in technology to optimize revenue through AI-enhanced pricing solutions and improving operational efficiency [15][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to restore financial guidance for the full year, expecting earnings per share of $5.25 to $6.25 and free cash flow of $3 billion to $4 billion [12][30] - The management highlighted a stable demand environment and anticipated improvements in unit revenue trends as the industry rationalizes domestic supply [23][30] - There is optimism regarding the recovery of business travel, with indications that consumer confidence is improving [46][68] Other Important Information - The company announced a 25% increase in its quarterly dividend, reflecting strong cash generation and commitment to returning cash to shareholders [7][30] - The company has a fully funded pension and significant unencumbered assets, which supports its investment-grade rating [29][105] Q&A Session Summary Question: Can you elaborate on industry capacity in 3Q and 4Q? - Management noted a significant reduction in industry capacity, particularly in off-peak periods, which is expected to support profitability [35][36] Question: How is the cabin segmentation being received? - Management indicated that there is strong demand for premium cabins, and they are focused on providing more choices and pricing options [37][41] Question: What are the trends in corporate demand? - Management reported that corporate spending is expected to remain stable or increase, with favorable sectors including banking and technology [62] Question: How is the booking curve shifting? - Management acknowledged that the booking curve has shifted closer in, but there are signs of improvement as consumer confidence returns [108][110] Question: What is the outlook for MRO revenue? - Management expressed optimism about MRO revenue growth, indicating potential for significant increases in the coming years [100][99]

Financial Data and Key Metrics Changes - The company reported a pretax income of $1.8 billion, with earnings of $2.1 per share and an operating margin of 13.2% [7][27] - Free cash flow for the quarter was $700 million, bringing year-to-date free cash flow to $2 billion [7][27] - A 25% increase in the quarterly dividend was announced, reflecting strong cash generation [7][29] Business Line Data and Key Metrics Changes - June revenue increased approximately 1% year-over-year to $15.5 billion, with premium revenue growing 5% [18][19] - Loyalty revenue grew 8%, with significant engagement from millennial and Gen Z segments [19][20] - Cargo revenue increased by 7% year-over-year, while MRO revenue accelerated to 29% growth [21] Market Data and Key Metrics Changes - Overall demand for air travel remains stable compared to last year, with softness primarily in the main cabin during off-peak periods [9][22] - Corporate revenue improved modestly year-over-year, with Delta's share premium at historic highs [21] - International margins have structurally improved, reflecting the success of strategic investments [21] Company Strategy and Development Direction - The company is focused on elevating its airline status, expanding its global footprint, and investing in technology [13][16] - New partnerships, such as the equity stake in WestJet and collaboration with Indigo, are aimed at enhancing international growth potential [15] - The company is adjusting capacity to match demand and managing costs to deliver strong earnings and free cash flow [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of the U.S. economy and anticipated improvements in consumer and corporate confidence [10][12] - The company expects earnings per share for the full year to be between $5.25 and $6.25, with free cash flow projected at $3 billion to $4 billion [12][31] - Management noted that while business travel has returned, there is still potential for growth as the economy stabilizes [47][68] Other Important Information - The company is leveraging AI for revenue optimization through partnerships with technology firms [16][60] - The operational performance has been strong despite challenges from severe weather, with a focus on efficiency across operations [27][91] - The company has a fully funded pension and significant unencumbered assets, enhancing its financial stability [28][101] Q&A Session Summary Question: Can you elaborate on industry capacity in 3Q and 4Q? - Management noted a significant reduction in industry capacity, with domestic industry seats down close to 1% by September, indicating a positive adjustment to restore profitability [35][36] Question: How is cabin segmentation being received? - Management confirmed that there is strong demand for premium cabins, and they are focused on providing more choices and pricing options to customers [37][42] Question: What is the outlook for corporate demand post-Labor Day? - Management indicated that most sectors are expected to maintain or increase spending, with banking and technology showing favorable trends [62] Question: How do tariffs impact aircraft deliveries? - Management stated they do not plan on paying tariffs for aircraft deliveries and are encouraged by ongoing discussions in Washington [54] Question: What is the status of AI and revenue management solutions? - The company is currently testing AI solutions on about 3% of its domestic network, aiming for 20% by year-end, and is optimistic about the results [60] Question: How is the booking curve changing? - Management observed that advanced bookings are improving, with the highest cash sales day recorded in July, indicating a positive trend [69][70]

Core Viewpoint - Delta Air Lines reported better-than-expected Q2 earnings, boosting investor confidence in the airline industry [1] Company Summary - Delta Air Lines' stock price increased over 13%, reaching $57.58 [1] - The company projected an adjusted earnings per share (EPS) for the year between $5.25 and $6.25, with the midpoint exceeding analysts' average expectation of $5.35 [1] - For Q2, Delta reported an adjusted EPS of $2.10, surpassing the analysts' average estimate of $2.07 [1] - Quarterly revenue remained flat compared to the same period last year [1] Industry Summary - Following Delta's positive earnings report, other airline and cruise stocks also saw significant gains, with American Airlines up over 12%, United Airlines up over 11%, JetBlue up over 10%, and Southwest Airlines up nearly 6% [1] - In the cruise sector, Carnival Corporation rose over 1%, Norwegian Cruise Line increased by over 3.5%, and Royal Caribbean gained 0.68% [1]

Core Insights - Delta Air Lines reported record revenue for the June quarter and restored its full-year financial guidance as air travel demand stabilized [1][2] - The company expects earnings per share of $5.25 to $6.25 for fiscal year 2025 [2] Revenue Performance - Quarterly revenue increased by 1% year over year, with international business revenue up 2% and corporate travel demand remaining steady with low-single-digit sales gains [2][3] - Premium business revenue grew by 5% year over year, while loyalty revenue rose by 8% due to co-brand spend growth and card acquisitions [4] Future Outlook - For the September quarter, total revenue is expected to be flat to up 4% compared to the prior year, with unit revenue trends anticipated to improve in the second half of the year [5] - This outlook represents a shift from previous trends observed by Delta and other airlines [5] Previous Context - In the previous earnings report on April 9, Delta indicated that revenue growth for the March quarter was lower than expected and refrained from providing an updated full-year outlook due to macroeconomic uncertainty [6] - Other airlines, including American Airlines, Southwest Airlines, and United Airlines, also expressed concerns about the macroeconomic environment and adjusted their outlooks downward around the same time [7]

Delta Air Lines was the top-performing stock in the S&P 500 Thursday morning after the carrier reported better second-quarter results than analysts had expected and reinstated its full-year outlook. https://t.co/r1BHfRnHc0 ...

美股三大指数开盘涨跌不一，道指跌0.08%，纳指涨0.16%，标普500指数涨0.05%。中概股涨跌不一， 阿里巴巴涨超1%，市场看好其AI赋能潜力。特斯拉涨超2%，马斯克旗下xAI发布号称"世界最强AI模 型"的Grok4。达美航空涨超12%，公司恢复全财年业绩指引。 中概股涨跌不一，阿里巴巴涨超1%，市场看好其AI赋能潜力。特斯拉涨超2%，马斯克旗下xAI发布号 称"世界最强AI模型"的Grok4。 （持续更新中……） 21:30 美股开盘丨道指跌0.08% 达美航空涨超12% | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | 道琼斯工业指数 | 44396.04 -62.26 -0.14% | | | | 纳斯达克指数 | 20641.89 | 30.55 | 0.15% | | 标普500 | 6262.75 -0.51 -0.01% | | | 21:23 国际原油走低 WTI原油期货向下触及67美元/桶，日内跌2.03%。WTI原油现货跌破66美元/桶，日内跌1.78%。 21:23 美股三大股指期货盘前涨跌不一 道指期货跌0.17%，标普500 ...

Delta Air Lines shares jumped as the airline expressed confidence after a rocky first half of the year and forecast a stronger third quarter than analysts expected https://t.co/MlKHKthS8I ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

达美航空(DAL.N)上涨12%，为4月9日以来最大单日涨幅。 ...