Delta Q3 2021 Earnings Report

Delta achieved profitability and revenue recovery during the quarter.

Key Takeaways

Delta Air Lines reported a profitable September quarter, marking a significant milestone in its recovery from the pandemic. The company's revenues reached two-thirds of 2019 levels, driven by strong operational performance and customer-centric strategies. While fuel prices pose a challenge for the December quarter, Delta remains confident in its path to sustained profitability.

Reported GAAP pre-tax income of $1.5 billion and earnings per diluted share of $1.89.

Achieved adjusted pre-tax income of $216 million and adjusted earnings per diluted share of $0.30.

Operating revenue, adjusted improved 30 percent from June quarter 2021.

Total passenger revenue was 63 percent recovered compared to September quarter 2019.

Total Revenue

$9.15B

Previous year: $3.06B