Delta: Q1 Revenue Hits, Margins Miss

Delta Air Lines posted solid earnings for Q1 2025, surpassing analyst EPS estimates, though it fell short of management's ambitious projections. Operating margin was impacted, standing at 4.6%, below the 6% to 8% guidance. This signals cost pressures and softer domestic demand, affecting revenue per seat mile, an important industry metric that assesses efficiency in generating passenger revenue. Total revenue per available seat mile of 20.53 cents fell 2% year over year. On the strategic front, Delta contin ...