Delta Q1 cargo revenue up 17% on higher yields
Delta reported operating revenue of $14 billion (up 2%) and operating income of $569 million (down 7%) for Q12025.
Delta Air Lines reported a 17 percent increase in cargo revenue at $208 million for the first quarter of 2025 compared to $178 million in the same period last year.
"Cargo revenue increased year-over-year on higher yields and double-digit volume growth," Glen William Hauenstein, President, Delta Air Lines said in the earnings call after announcing the results.
Delta reported operating revenue of $14 billion (up two percent) and operating income of $569 million (down seven percent) for Q12025, says an official release.
"While the first quarter unfolded differently than initially expected, we delivered solid profitability that was flat to prior year and is expected to lead the industry," says Ed Bastian, Chief Executive Officer, Delta. "With broad economic uncertainty around global trade, growth has largely stalled. In this slower-growth environment, we are protecting margins and cash flow by focusing on what we can control. This includes reducing planned capacity growth in the second half of the year to flat over last year while actively managing costs and capital expenditures.
"We expect June quarter profitability of $1.5 to $2 billion. Given the lack of economic clarity, it is premature at this time to provide an updated full-year outlook. Given our position of strength, our bias toward action and the decline in fuel prices, Delta remains well positioned to deliver solid profitability and free cash flow for the year. I expect that our financial results will continue to lead the industry and validate our strategy to create differentiation and greater financial durability."
Delta took delivery of nine aircraft in the quarter, including A321neo, A220-300, A330-900 and A350-900 aircraft, the release added.
