The Airline Observer

The Airline Observer

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The Airline Observer
Delta Plays it Safe
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Delta Plays it Safe

The airline ordered 20 Airbus A350 aircraft, as it bets on long-haul international travel. As for the fourth quarter, it was fine.

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Brian Sumers
Jan 13, 2024
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Delta Plays it Safe
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Dear readers,

Happy Saturday. Delta reported earnings yesterday, and since it’s a weekend, I'll be judicious of your time and keep my summary brief.

First, a quick look at the fourth quarter

  • Fourth quarter net income was $2.037 billion, on revenues of $14.2 billion.

  • Operating margin was 9.3 percent.

  • ASMs increased 15 percent, year-over-year.

  • CASM-ex fuel incr…

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