Business

Delta Air Lines reported financial results Friday for the December quarter and full year 2022 and provided its outlook for the March quarter 2023. Generated double-digit operating margin in December quarter with EPS ahead of guidance Expect March quarter revenue to accelerate further relative to 2019 Reiterating outlook for significant earnings and cash flow growth in 2023, including EPS of $5 - $6 and free cash flow of more than $2 billion Delta Air Lines (NYSE:DAL) today reported financial results for the December quarter and full year 2022 and provided its outlook for the March quarter 2023. Highlights of the December quarter and full year 2022 results, including both GAAP and adjusted metrics, are on page five of the full release and are incorporated here. "Delta peo...

Since 2007, Delta has rewarded employees with industry-leading profit-sharing payments: more than $9.2 billion since 2010. Delta announced Friday that its 90,000 employees would again be honored and rewarded this Valentine's Day with meaningful profit sharing -- over $500 million -- for the first time since 2019. Those payments will hit employees' bank accounts on Feb. 14, also known as Employee Appreciation Day, and celebrate the outstanding accomplishments made possible by Delta people worldwide. "Delta people rose to the challenges of 2022, delivering industry-leading operational reliability and financial performance, and I'm looking forward to recognizing their achievements," Delta CEO Ed Bastian said in the company's earnings report Friday. Since 2007, Delta has rewarded em...