Delta Air Lines Stock News

Delta Air Lines (DAL) said Wednesday that it sees significant room for its premium offerings to grow over the next several years, thanks to a "thriving" premium consumer.

Delta Air Lines is focusing on premium cabins to boost revenue and outpace economy sales. The premium demand is driven by millennials willing to spend more for an elevated experience.

Delta Air Lines Inc (NYSE: DAL) is not seeing any signs of a slowdown in travel demand. A resilient economy, it expects, will deliver a mid-single-digit percentage points increase in revenue next year – roughly in line with a 6.0% growth that analysts had forecast.

Delta Air Lines Inc. on Wednesday said it sees an opportunity to tap into affluent travelers as it laid out its long-term goals the next three-to-five years.

Delta Air Lines Inc (NYSE:DAL) has signalled appetite for luxury travel among millennials will fuel operating profit margins in the years ahead. “The premium consumer is thriving,” the carrier said in an investor presentation on Wednesday, noting two-thirds of millennials were willing to splash out on luxury travel.

The carrier issues guidance ahead of its investor day.

Delta Air Lines forecast revenue growth in the mid-single digit percentage points next year, in line with analysts estimates. The carrier expects to expand capacity by no more than 4% year-over-year in 2025.

Capitalizing on strength of Delta's brand and 15 years of consistent strategy, investment, and strong execution Delivering sustained value creation through margin expansion, durable earnings and free cash flow, and balance sheet strength NEW YORK , Nov. 20, 2024 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) will highlight the company's strategic priorities and long-term financial commitments in a...