Delta Air Lines (DAL) Reaffirms EPS Guidance for June Quarter

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/21/2026

1. WMT
2. ROST
3. AAP
4. NVDA
5. SPY
6. AVGO
7. SPCX
8. HD
9. BJ
10. BABA

July 3, 2018 9:01 AM EDT

Delta Air Lines (NYSE: DAL) today reported operating performance for June 2018. The company carried 17.7 million customers across its broad global network, a record for the month of June.

In an Investor Update also issued this morning, Delta reaffirmed guidance of $1.65 to $1.75 earnings per share1 and 13-14% pre-tax margin1 for the June quarter.

Monthly highlights include:

  • Setting records for the month of June, including four new top ten system revenue days and six record days for customers carried in June for all Delta and Delta Connection flights worldwide.
  • Observing National Safety Month with continued priority and focus on the safety and security of Delta people and our customers each and every day throughout the world.
  • Announcing nonstop service in conjunction with joint venture partner Korean Air from Minneapolis/St. Paul to Seoul-Incheon, Korea and from Seattle to Osaka-Kansai, Japan, starting in 2019, complementing our existing international network.
  • Holding the annual shareholders meeting where all ballot measures were approved with overwhelming majority including the re-election of all 12 members of the Board of Directors.

The company's operating performance is detailed in the table below.

Delta Air Lines serves more than 180 million customers each year. In 2018, Delta was named to Fortune's top 50 Most Admired Companies in addition to being named the most admired airline for the seventh time in eight years. Additionally, Delta has ranked No.1 in the Business Travel News Annual Airline survey for an unprecedented seven consecutive years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 324 destinations in 57 countries on six continents. Headquartered in Atlanta, Delta employs more than 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry's leading transatlantic joint venture with Air France-KLM and Alitalia as well as a joint venture with Virgin Atlantic. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Mexico City, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, São Paulo, Seattle, Seoul, and Tokyo-Narita. Delta has invested billions of dollars in airport facilities, global products and services, and technology to enhance the customer experience in the air and on the ground. Additional information is available on the Delta News Hub, as well as delta.com, Twitter @DeltaNewsHub and Facebook.com/delta.

Monthly Traffic Results

Year to Date Traffic Results

Jun 2018

Jun 2017

Change

Jun 2018

Jun 2017

Change

RPMs (000):

Domestic

13,078,390

12,447,553

5.1%

68,280,712

65,353,243

4.5%

International

8,369,341

8,381,713

(0.1%)

40,399,571

40,173,604

0.6%

Latin America

1,692,131

1,738,317

(2.7%)

10,884,205

11,213,599

(2.9%)

Atlantic

4,869,277

4,770,053

2.1%

19,629,399

18,947,412

3.6%

Pacific

1,807,933

1,873,343

(3.5%)

9,885,966

10,012,593

(1.3%)

Total System

21,447,731

20,829,266

3.0%

108,680,283

105,526,847

3.0%

ASMs (000):

Domestic

14,869,355

14,114,307

5.3%

80,464,184

76,612,341

5.0%

International

9,361,074

9,411,293

(0.5%)

47,505,840

47,485,681

0.0%

Latin America

1,937,232

1,945,523

(0.4%)

12,676,664

12,950,795

(2.1%)

Atlantic

5,430,811

5,370,083

1.1%

23,434,491

22,835,588

2.6%

Pacific

1,993,030

2,095,687

(4.9%)

11,394,685

11,699,298

(2.6%)

Total System

24,230,429

23,525,600

3.0%

127,970,024

124,098,022

3.1%

Load Factor:

Domestic

88.0%

88.2%

(0.2) Pts

84.9%

85.3%

(0.4) Pts

International

89.4%

89.1%

0.3 Pts

85.0%

84.6%

0.4 Pts

Latin America

87.3%

89.3%

(2.0) Pts

85.9%

86.6%

(0.7) Pts

Atlantic

89.7%

88.8%

0.9 Pts

83.8%

83.0%

0.8 Pts

Pacific

90.7%

89.4%

1.3 Pts

86.8%

85.6%

1.2 Pts

Total System

88.5%

88.5%

0.0 Pts

84.9%

85.0%

(0.1) Pts

Mainline Completion Factor

99.9%

99.9%

0.0 Pts

Mainline On-time Performance

81.5%

82.8%

(1.3) Pts

(preliminary DOT A14)

Passengers Boarded

17,692,072

17,191,217

2.9%

93,323,752

91,061,790

2.5%

Cargo Ton Miles (000):

195,080

195,706

(0.3%)

1,069,580

1,025,635

4.3%

Note: Results are preliminary and include flights operated under contract carrier arrangements


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Guidance, Hot Guidance

Related Entities

Twitter, Earnings