Core Viewpoint - Delta Air Lines is expected to report strong earnings, with positive sentiment surrounding the airline industry as a whole, which has seen significant recovery since November [1] Company Overview - Delta Air Lines, Inc. (NYSE:DAL) provides passenger and cargo air transportation, operating a large fleet and global network, and also offers aircraft maintenance, repair, and overhaul services [1] Industry Performance - The airline sector has experienced a notable rebound, with the Jets ETF rising nearly 20% from its lows three weeks ago, and major airlines like Delta, United, and American Airlines seeing over 20% increases during the same period [1] - Demand for holiday travel is strong, with expectations for continued healthy demand into early 2026 [1] Financial Impact - Delta estimated a $200 million hit to pre-tax profit due to the government shutdown, but indicated that the overall impact was smaller than anticipated [1]

Core Insights - Delta Air Lines reported a fourth-quarter profit that exceeded expectations, indicating strong operational performance despite challenges in revenue generation [1] Financial Performance - The company achieved a profit in the fourth quarter, surpassing analysts' forecasts, which reflects effective cost management and operational efficiency [1] - However, adjusted revenue fell short of expectations, which negatively impacted the stock price, suggesting concerns about future revenue growth [1] Market Reaction - Following the earnings report, Delta's stock experienced a decline, highlighting investor sensitivity to revenue performance despite the profit beat [1]

达美航空股价盘前下跌4.3%，受第四季度业绩和业绩指引影响。 本文源自：金融界AI电报 ...

CINCINNATI, Jan. 13, 2026 /PRNewswire/ -- GE Aerospace (NYSE:GE) announced today that Delta Air Lines (NYSE: DAL) has selected GEnx engines to power 30 new Boeing 787-10s with options for 30 more aircraft. The agreement also includes spare engines and long-term services support. GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. said, "For more than 60 years, GE Aerospace has been proud to partner with Delta Air Lines, and we're honored the GEnx now will be underwing to support their international growth ...

Core Viewpoint - Delta Air Lines projects approximately 20% earnings growth by 2026, driven by robust consumer and corporate demand along with increasing sales in premium travel [1] Group 1: Financial Forecast - The company anticipates strong earnings growth of around 20% by 2026 [1] - This growth is attributed to heightened consumer and corporate demand [1] Group 2: Fleet Expansion - Delta has agreed to purchase 30 Boeing 787-10 aircraft to enhance its long-haul fleet [1]

Core Viewpoint - Delta Air Lines anticipates that high-earning flyers who invest in premium amenities will significantly enhance its profits this year [1] Group 1 - The company is focusing on attracting affluent customers who are willing to pay for enhanced services [1] - Delta's strategy is aimed at capitalizing on the growing demand for premium travel experiences [1]

Core Viewpoint - Delta Air Lines reported strong fourth quarter results, driven by growth in its premium business and the absence of certain economic headwinds, positioning the company for continued growth into 2026 [1][5]. Financial Performance - Delta's adjusted revenue for the fourth quarter reached a record $14.61 billion, slightly below the $14.67 billion estimate, marking a 1.2% increase year-over-year, which fell short of the airline's own 2% guidance due to the government shutdown [1]. - The adjusted earnings per share (EPS) was $1.55, surpassing the expected $1.53, although earnings were impacted by a $0.25 reduction due to the government shutdown [2]. - For Q1, Delta anticipates revenue growth of 5% to 7%, with an operating margin between 4.5% and 6%, and adjusted EPS projected at $0.50 to $0.90. For the full year, adjusted EPS is expected to be between $6.50 and $7.50, indicating a 20% year-over-year increase at the midpoint, alongside free cash flow projected at $3 billion to $4 billion [2]. Business Strategy and Market Position - The growth is attributed to increased business from premium-focused clients, who are prioritizing spending on travel and higher-quality experiences [3][4]. - Delta's CEO highlighted that all seat growth is occurring in premium cabins, with no growth in the economy cabin, reflecting a shift towards higher-end consumer demand [4]. - The company noted that the economic environment is characterized by a K-shaped recovery, where higher-end consumers are benefiting significantly compared to lower-end sectors [5]. Future Outlook - Delta's CEO expressed optimism for 2026, citing strong consumer and corporate demand driving top-line growth [5]. - The company does not expect the headwinds faced in 2025, such as tariffs and the government shutdown, to impact its performance this year [6]. - Delta's international business remains robust, with a 5% year-over-year growth in Q4, particularly in the Transatlantic and Pacific regions, and 90% of corporate clients expect travel to either increase or remain steady in 2026 [8].

Exhibit 99.1 https://files reportify cc/med CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces December Quarter and Full Year 2025 Financial Results 2025 financial performance extends industry leadership and reflects durability Record revenue in December quarter and full year with a double-digit return on invested capital Accelerating momentum with 2026 earnings expected to grow 20 percent year-over-year Strong ...

Core Viewpoint - Delta Air Lines is expected to see earnings jump more than 20% in 2025 due to strong travel demand, particularly in the premium segment, potentially reaching record levels [1] Financial Performance - Delta forecasts adjusted earnings per share between $6.50 and $7.50 for the current year, slightly below analysts' estimate of $7.25 [1] - For the first quarter of 2026, Delta anticipates sales growth of up to 7% and adjusted earnings per share between $0.50 and $0.90, compared to analysts' forecast of $0.72 [2] - In the fourth quarter, Delta reported a profit of $1.22 billion, or $1.86 per share, a nearly 45% increase year-over-year, with revenue of $16 billion, up 3% from 2025 [4] Revenue Breakdown - Main cabin ticket revenue fell 7% year-over-year to $5.62 billion in the fourth quarter, while premium ticket revenue rose 9% to nearly $5.7 billion, surpassing main cabin revenue for the first time [5] - For the full year, main cabin revenue remained higher than premium classes despite the recent trend [5] Market Conditions - Bookings from both leisure and corporate travelers have been strong at the start of the year, indicating robust demand [3] - CEO Ed Bastian expressed caution regarding future earnings projections due to geopolitical uncertainties and domestic policy risks [4]

Core Insights - Delta Air Lines reported record revenue for the December quarter and full year 2025, with a pre-tax profit of $5 billion and a double-digit operating margin, reflecting strong financial performance and industry leadership [1][2][7] - The company anticipates a 20% year-over-year earnings growth for 2026, supported by strong consumer and corporate demand [3][6] - Delta expects March quarter revenue to grow by 5% to 7% year-over-year, indicating continued momentum [8] Financial Performance - Full year 2025 operating revenue reached $63.4 billion, a 3% increase from 2024, with operating income of $5.8 billion and an operating margin of 9.2% [5][21] - In the December quarter, operating revenue was $16.0 billion, with a pre-tax income of $1.5 billion and an operating margin of 9.2% [5][21] - Earnings per share for the full year 2025 was $7.66, up from $5.33 in 2024, reflecting a significant increase in profitability [21] Revenue Environment - Delta achieved a unit revenue premium of nearly 115% relative to the industry, with high-margin diversified revenue streams contributing to 60% of total revenue [7][8] - Premium revenue grew by 7% year-over-year, while cargo revenue increased by 9% and MRO revenue grew by 25% [8] - Corporate sales improved across all sectors, with nearly 90% of companies expecting travel volume to increase or remain steady in 2026 [8] Cost Performance - Non-fuel unit cost growth was 2% in 2025, aligning with Delta's long-term target of low-single digit growth [9] - The company expects to maintain cost performance in 2026, with capacity growth projected at approximately 3% [9] Balance Sheet and Cash Flow - Delta generated $4.6 billion in free cash flow in 2025, allowing for continued debt paydown and improving gross leverage to 2.4x [12] - The company closed the year with adjusted net debt of approximately $14 billion and unencumbered assets of $35 billion, positioning Delta with a strong balance sheet [12] Fleet Update - Delta announced an agreement with Boeing to purchase thirty 787-10 widebody aircraft, with deliveries scheduled to begin in 2031, enhancing fuel efficiency and long-haul capabilities [13][17] Customer Experience and Loyalty - Delta was named the most on-time airline in the U.S. for the fifth consecutive year, reflecting its commitment to operational excellence [19][24] - The airline's loyalty program saw significant growth, with over 1.5 million SkyMiles members linking their accounts with Uber since the partnership launched [23]