Delta maintains first-quarter guidance as CEO says travel demand has been 'really, really great'

Core Viewpoint - Delta Air Lines is maintaining its profit guidance for Q1 while raising revenue expectations despite challenges from higher jet fuel prices due to the war in Iran [1][2] Group 1: Financial Performance - Delta has experienced a $400 million impact in Q4 but reports strong demand leading to higher revenue growth than initially expected [1] - The company forecasts adjusted earnings per share (EPS) between 50 cents and 90 cents for Q1, with a sales increase of up to 7% [2] - Delta's revenue guidance is raised due to strong demand momentum, with domestic and international unit revenue growing in the mid-single digits year-over-year [3] Group 2: Market Demand - Delta has recorded eight of its top ten sales days in history this quarter, with five occurring in the last two weeks of March [3] - Revenue and bookings are up 25% year-over-year, despite ongoing geopolitical tensions [4] - The majority of Delta's revenue is derived from higher-spending customers and corporate clients who continue to travel [3]