Delta Air Lines’ second-quarter corporate demand and passenger revenue each increased slightly year over year in what executives during a Thursday morning earnings call said was a “stabilized” second-quarter environment compared with the uncertainty that dominated the first quarter.
“Overall demand for air travel remains similar to last year, with softness largely contained to the main cabin and particularly during off-peak periods,” Delta CEO Ed Bastian said during the call.
Bastian said the U.S. federal spending bill signed last week by President Donald Trump should ease corporate uncertainty about future
economic conditions.
“The recent passage of the reconciliation package creates certainty around tax policy, and with continued progress on trade negotiations, we expect both consumer and corporate confidence to improve in the second half of the year, creating the environment
fortravel demand to accelerate,” he said.
Corporate sales in the second quarter increased by low-single-digit percentages year over year, led by domestic demand, according to a company release, while “Delta’s share premium remains at historic highs,” Delta president Glen Hauenstein said.
The carrier has “proactively adjusted capacity to address areas of softness,” beginning in August, Hauenstein added. “While consumer confidence has improved from the lows we saw earlier this spring, we are monitoring trends closely.”
Delta Q2 Metrics
Delta reported second-quarter passenger revenue of nearly $13.9 billion, up slightly from the $13.8 billion reported a year prior. Total revenue was flat at more than $16.6 billion. Net income for the quarter increased 63 percent year over year to more
than $2.1 billion.
The carrier said its average second-quarter fuel price was $2.21 per gallon compared with $2.64 in Q2 2024.
Delta’s third-quarter guidance included a revenue projection range of flat to an increase of 4 percent year over year.
Delta Q1 performance
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