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Delta Air Lines | 8-K: Delta Air Lines Announces September Quarter 2024 Financial Results

Delta Air Lines | 8-K: Delta Air Lines Announces September Quarter 2024 Financial Results

达美航空 | 8-K:达美航空公布2024年9月季度财务业绩
美股SEC公告 ·  2024/10/10 18:36

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Delta Air Lines reported Q3 2024 operating revenue of $14.6 billion with an adjusted operating margin of 9.4%. The quarter's performance was impacted by a CrowdStrike-caused outage in August, resulting in a $380 million revenue impact and $170 million in non-fuel expense impact.The airline generated strong cash flow with $1.3 billion in operating cash flow and $95 million in free cash flow. Debt reduction continued with $2.4 billion paid down year-to-date, leading to an improved leverage ratio of 2.9x. Notably, Delta received an investment grade credit rating upgrade from Fitch.Looking ahead, Delta expects record December quarter revenue with operating margins of 11-13% and pre-tax profit growth of 30% to $1.4 billion. The company projects Q4 total revenue growth of 2-4% year-over-year on capacity growth of 3-4%, despite an anticipated 1-point impact on unit revenue from reduced election-related travel demand.
Delta Air Lines reported Q3 2024 operating revenue of $14.6 billion with an adjusted operating margin of 9.4%. The quarter's performance was impacted by a CrowdStrike-caused outage in August, resulting in a $380 million revenue impact and $170 million in non-fuel expense impact.The airline generated strong cash flow with $1.3 billion in operating cash flow and $95 million in free cash flow. Debt reduction continued with $2.4 billion paid down year-to-date, leading to an improved leverage ratio of 2.9x. Notably, Delta received an investment grade credit rating upgrade from Fitch.Looking ahead, Delta expects record December quarter revenue with operating margins of 11-13% and pre-tax profit growth of 30% to $1.4 billion. The company projects Q4 total revenue growth of 2-4% year-over-year on capacity growth of 3-4%, despite an anticipated 1-point impact on unit revenue from reduced election-related travel demand.
达美航空报告了2024年第三季度的营业收入为146亿美元,调整后的营业利润率为9.4%。本季度的表现受到CrowdStrike导致的停机影响,导致了38000万美元的营业收入影响和17000万美元的非燃料费用影响。航空公司产生了强劲的现金流,营业现金流为13亿美元,自由现金流为9500万美元。今年以来,债务减少了24亿美元,使杠杆比率改善至2.9倍。值得注意的是,达美航空获得了惠誉的投资级信用评级提升。展望未来,达美预计12月季度的营业收入将创纪录,营业利润率为11-13%,税前利润增长30%,达到14亿美元。公司预计第四季度的总营业收入将比去年增长2-4%,同时产能增长为3-4%,尽管由于减少选举相关旅行需求,预计单位收入将受到1个百分点的影响。
达美航空报告了2024年第三季度的营业收入为146亿美元,调整后的营业利润率为9.4%。本季度的表现受到CrowdStrike导致的停机影响,导致了38000万美元的营业收入影响和17000万美元的非燃料费用影响。航空公司产生了强劲的现金流,营业现金流为13亿美元,自由现金流为9500万美元。今年以来,债务减少了24亿美元,使杠杆比率改善至2.9倍。值得注意的是,达美航空获得了惠誉的投资级信用评级提升。展望未来,达美预计12月季度的营业收入将创纪录,营业利润率为11-13%,税前利润增长30%,达到14亿美元。公司预计第四季度的总营业收入将比去年增长2-4%,同时产能增长为3-4%,尽管由于减少选举相关旅行需求,预计单位收入将受到1个百分点的影响。
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