Delta Air Lines Projects Strong 2026 Earnings, Highlights Premium Travel Boom
Summary
Delta Air Lines forecasts robust 2026 earnings, driven by strong high-end travel demand. While setting ambitious full-year targets, the CEO expressed caution due to geopolitical uncertainties. The airline also announced a major order for new Boeing wide-body jets.
Key Points
- 2026 Outlook: Forecasts adjusted earnings per share (EPS) of $6.50-$7.50, with analyst consensus at $7.25.
- Q1 2026 Forecast: Expects revenue growth of 5%-7% year-over-year and EPS of $0.50-$0.90, aligning with estimates.
- Premium vs. Main Cabin: Premium ticket revenue ($5.7B) surpassed main cabin revenue ($5.62B) in Q4 2025, a shift expected later. Full-year 2025 main cabin revenue remained higher.
- Q4 2025 Performance: Adjusted EPS of $1.55 beat estimates ($1.53). Revenue of $14.61B slightly missed expectations ($14.69B). Profit jumped ~45% to $1.22B.
- Strategic Shift: All seat growth in 2026 will be in premium cabins, not main cabin, capitalizing on high-spending customers.
- Cautious Tone: CEO refrained from committing to a record forecast, citing geopolitical and policy uncertainties.
- Fleet Order: Will purchase 30 Boeing 787-10 Dreamliners (with options for 30 more), its first Boeing wide-body order in years, for delivery starting in 2031.
达美航空预测2026年收益强劲，高端旅行需求旺盛
摘要
达美航空预测2026年收益强劲，主要受高端旅行需求推动。尽管设定了雄心勃勃的全年目标，但其首席执行官对地缘政治不确定性表示谨慎。该航空公司还宣布了一项新的波音宽体机大订单。
关键点
- 2026年展望：预测调整后每股收益（EPS）为6.50-7.50美元，分析师共识预期为7.25美元。
- 2026年第一季度预测：预计收入同比增长5%-7%，每股收益为0.50-0.90美元，符合预期。
- 高端舱位与经济舱：2025年第四季度，高端机票收入（57亿美元）首次超过经济舱收入（56.2亿美元）。2025年全年经济舱收入仍较高。
- 2025年第四季度业绩：调整后每股收益1.55美元，超出预期（1.53美元）。收入146.1亿美元，略低于预期（146.9亿美元）。利润跃升约45%至12.2亿美元。
- 战略转变：2026年所有座位增长将来自高端舱位，而非经济舱，旨在服务高消费客户群。
- 谨慎态度：首席执行官未承诺创纪录的盈利预测， citing 地缘政治和政策不确定性。
- 机队订单：将购买30架波音787-10梦想飞机（并可再选购30架），这是其多年来首次订购波音宽体机，将于2031年开始交付。
Original Article Link: https://www.cnbc.com/2026/01/13/delta-air-lines-dal-4q-2025-earnings.html