Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'

Company Performance - Delta Air Lines expects revenue to rise 7% to 9% in the first quarter, surpassing the 5% growth forecast by analysts [1] - The company anticipates first-quarter earnings of between 70 cents and $1 per share, slightly ahead of Wall Street predictions of 65 cents to 97 cents [1] - Delta reported adjusted earnings per share of $1.85, exceeding the expected $1.75, and adjusted revenue of $14.44 billion, surpassing the expected $14.18 billion [4] Financial Outlook - Delta forecasts generating more than $4 billion in free cash flow this year, an 18% increase from 2024, within its annual target range of $3 billion to $5 billion [3] - The company expects annual adjusted earnings to exceed $7.35 per share for the full year [3] Industry Trends - Delta is capitalizing on a trend toward premium travel, with more customers opting for roomier seats or rewards credit cards [2] - The airline industry continues to benefit from strong post-pandemic travel demand, which is expected to persist throughout the year [2] CEO Commentary - Delta's CEO, Ed Bastian, expressed optimism for the new year, citing consumer prioritization of experiences over goods as a key driver for the company's performance [1] - Bastian believes 2024 will be Delta's best financial year in its history, driven by strong travel demand [3]