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Delta sees healthy summer margins as market recovers

Air
Gary Noakes
14 July 2022

Delta Air Lines achieved an operating margin of almost 12% in April, May and June, the first time it has hit double figures since 2019.

Delta is optimistic about the coming months

Delta's flights will take off on 9 May 2024

The carrier’s 11.7% margin came after it saw operating revenue of $12.3 billion, a 99% recovery compared to the same three months in 2019. It led to a net profit of $1 billlion, compared to $1.9 billion in the same quarter in 2019.

The carrier ran 82% of its capacity compared to 2019 and said premium products had outperformed Main Cabin sales “across all markets”.

Ed Bastian, Delta’s chief executive, gave an upbeat prediction for Q3.  "For the September quarter, we expect an adjusted operating margin of 11 to 13%, supporting our outlook for meaningful full year profitability," he said.