Delta records $15.6bn operating revenue in Q2 financial report

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Sade Williams/Business a.m.

 

Delta Airlines recorded $15.6 billion operating revenue and $2.5 billion operating income for the second quarter ended June 2023. It also saw operating proft print 16 percent for the period. The result is contained in the airline’s financial results for the June quarter and its outlook for the September quarter 2023.. “Tanks to the incredible work of our entire team, Delta is delivering for our customers by providing strong operational performance and best in class service during this busy summer period. With this performance, we generated record revenue and profitability in the June quarter. “Our people are the best professionals in the industry, and I’m proud to recognize their achievements with $667 million in the first half toward next year’s profit-sharing payment,” said Ed Bastian, Delta’s chief executive officer.“Consumer demand for air travel remains robust. Against this constructive backdrop, we are increasing our 2023 earnings guidance to $6 to $7 per share and reiterating our recently updated outlook for $3 billion of free cash flow,” he added.

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Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.
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