Delta Air Lines Exceeds Expectations in 2Q 2025 Earnings, Shares Soar

Delta Air Lines revised its 2025 profit forecast due to lower demand and flight surplus, but beat summer travel expectations. CEO Ed Bastian noted stabilized bookings but at lower levels. Delta expects adjusted earnings of $1.25-$1.75 per share in Q3, revenue flat to up 4%. Premium product sales increased, with shares rising 10% after results.

Corporate travel stabilized, but growth is in line with last year, not the expected 5-10%. Delta’s premium-product revenue rose 5%, while main cabin sales fell 5%. Total revenue per seat mile dropped 4%. Full-year adjusted earnings forecast is $5.25-$6.25 per share, down from $7.35 predicted in January.

In Q2, Delta’s adjusted revenue was $15.51 billion, up 1% from last year. Net income for the quarter was $2.13 billion, or $3.27 per share, up 63%. Adjusted per-share net income was $1.37 billion, or $2.10 per share. Bastian mentioned plans to update premium products, acknowledging the need for continued upgrades.

Read more at CNBC: Delta Air Lines (DAL) 2Q 2025 earnings