by Donald Wood
Last updated: 10:00 AM ET, Fri January 10, 2025
Delta Air Lines announced on Friday that it experienced a
higher-than-expected fourth-quarter profit and forecast stronger earnings in
the current quarter, all of which leads the carrier to forecast 2025 to be the
most profitable year in the company's 100-year history.
According to Reuters.com,
Delta expects earnings to exceed $7.35 a share this year compared to the
expected $7.22 per share, with the airline reporting an adjusted profit of
$6.16 a share in 2024.
The carrier reported that premium ticket revenue has been
growing faster than main-cabin ticket revenue and is projected to outpace it by
2027. In the December quarter, premium revenue growth outperformed the main
cabin by six percent.
“As we move into 2025, we expect strong demand for travel to
continue, with consumers increasingly seeking the premium products and
experiences that Delta provides,” CEO Ed Bastian told Reuters.
Earlier this week, Delta celebrated its 100th anniversary at
CES 2025 in Las Vegas’ Sphere, announcing new
technological advancements, including more personalized entertainment
features in the air, a new AI-powered Delta Concierge debuting in the Fly Delta
app and a new partnership with Airbus to create the next generation of
aviation.
In addition, Delta customers will soon be able to earn
SkyMiles when using ridesharing service Uber. The partnership, which launches
in the spring, is available for travelers to register by joining a waitlist
online. Travelers who link their SkyMiles and Uber accounts will enjoy earning
1 mile per dollar spent on UberX transfers to and from an airport, 2 miles per
dollar on premium rides and 3 miles per dollar on Uber Reserve rides.
For the latest travel news, updates and deals, subscribe to the daily TravelPulse newsletter.
Topics From This Article to Explore
