Overview

• Delta reported Q1 2025 adjusted earnings of $0.46 per share and $14.04 billion in revenue, exceeding analyst expectations despite economic headwinds.
• The airline has withdrawn its full-year financial guidance, citing significant uncertainty caused by global trade policies and tariffs under the Trump administration.
• In response to weaker-than-expected bookings, Delta is limiting capacity growth for the second half of 2025 to flat, down from its original 3%-4% increase projection.
• CEO Ed Bastian highlighted a decline in consumer and corporate confidence, with travel demand softening across both leisure and business segments.
• Delta's stock rose 3% in premarket trading following the earnings report, but shares remain down 41% year-to-date as the broader airline sector faces mounting economic pressures.