Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Investing

Delta Air eyes mid single-digit revenue growth in 2025 with premium travel in focus

by
November 20, 2024
in Investing
0
Delta Air eyes mid single-digit revenue growth in 2025 with premium travel in focus
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

(Reuters) – Delta Air Lines (NYSE:DAL) said on Wednesday it expects 2025 revenue to grow by a mid single-digit percentage as it strengthens its bet on premium travel, a major revenue driver for the carrier.

The airline added that affluent customers were thriving with leisure travel being the highest priority purchase for high-income households.

Premium travel has been on the rise since the pandemic, with consumers preferring to pay extra dollars for amenities such as more comfortable seats.

Premium seating, which previously depended heavily on corporate bookings, is now seeing increased interest from individual travelers.

Delta Air said it is targeting profit per share to increase 10% in the next three to five years, and expects operating margins to be in the mid-teens percentage.

The Atlanta-based company expects its high-margin premium offerings to outpace its main cabin by 2027.

That opens up avenues for the carrier to grow revenue through non-ticket sources such as airline-branded credit card fees, checked bags and extra legroom.

Delta also forecast 2025 capacity growth between 3% and 4%. The carrier’s shares fell nearly 1% before the bell suggesting investor worries about effects of excess capacity on air fares.

An excess supply of airline seats in the U.S. market during the summer travel season had forced carriers to discount fares to fill their planes, hurting their earnings.

However, measures taken by airlines to moderate capacity growth have since aided pricing power.

Delta Air’s investor day is scheduled on Wednesday where it is expected to provide further details on its long-term financial targets.

This post appeared first on investing.com
Previous Post

Pfizer names oncology head Chris Boshoff as R&D chief

Next Post

China’s Pony AI seeks up to $4.55 billion valuation in upsized US IPO

Next Post
China’s Pony AI seeks up to $4.55 billion valuation in upsized US IPO

China’s Pony AI seeks up to $4.55 billion valuation in upsized US IPO

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

October 31, 2024
Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

June 12, 2025
U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

June 12, 2025
U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

June 11, 2025
Walmart is using its own fintech firm to provide credit cards after dumping Capital One

Walmart is using its own fintech firm to provide credit cards after dumping Capital One

June 11, 2025

Recent News

Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

June 12, 2025
U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

June 12, 2025
U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

June 11, 2025
Walmart is using its own fintech firm to provide credit cards after dumping Capital One

Walmart is using its own fintech firm to provide credit cards after dumping Capital One

June 11, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved