Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City. The airline says it's on track to achieve 2024 targets of over $7 adjusted earnings per share and $4 billion of free cash flow.
The positive outlook comes after the Atlanta, Georgia-based airline delivered "record quarterly revenues and a double-digit operating margin" during the three-month period ending in September, according to Bastian. Delta Air Lines passenger jets rest on the tarmac, July 21, 2021, at Boston Logan International Airport, in Boston. The air carrier expects December quarter revenue recovery to accelerate relative to 2019.per mile than during the same months of 2019. Revenue from premium customers rose, while money from the main cabin dipped slightly. Net income fell 54% to $695 million.Fuel expense jumped 48% to $3.3 billion with the average price per gallon rising 84% to $3.57.