Delta Air Lines has reported a pre-tax profit of $122m for the first quarter of 2024.
This marks a return to first quarter profitability for the US carrier, after it suffered a $506m loss in the three months to the end of March, 2023.
Furthermore, operating revenue for the first quarter of 2024 jumped from $12.7bn to $13.7bn, year-on-year.
The airline giant expects to see revenues rise by 5%-7% for the full year this year.
Delta Air Lines chief executive, Ed Bastian, said: “Thanks to the extraordinary work of our 100,000 people, Delta is delivering the best operational reliability in our history, and we have widened the gap to our competitors. We were thrilled to recognise their efforts with $1.4 billion in profit sharing payouts during the quarter.”
“For the March quarter, we delivered record revenue on outstanding operational performance, enabling strong earnings growth. We anticipate continued strong momentum for our business, and in the June quarter, we expect to deliver record revenue.”
