Delta Air Lines Inc. raised guidance for 2023 and reiterated its guidance for 2024 in a presentation released ahead of an analyst day later Tuesday. The...
Delta Air Lines Inc. DAL raised guidance for 2023 and reiterated its guidance for 2024 in a presentation released ahead of an analyst day later Tuesday. The carrier said it’s now expecting 2023 per-share earnings to come in at the top of its range of $5 to $6 and for free cash flow to total $3 billion, up from $2 billion previously. The air line is expecting return on invested capital of more than 13%, compared with earlier guidance of low double-digit growth.
The carrier said it’s now expecting 2023 per-share earnings to come in at the top of its range of $5 to $6 and for free cash flow to total $3 billion, up from $2 billion previously. The air line is expecting return on invested capital of more than 13%, compared with earlier guidance of low double-digit growth. It expects its operating margin to come in at the high end of its 10% to12% guidance range.
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