Delta Air Lines records highest quarterly revenue and profit in history

Delta Airlines reported highest ever quarterly revenue of $14.6bn, 19% higher than the June quarter 2022 and record operating income of $2.5bn with an operating margin of 17.1% in the second quarter of 2023 (Q2). The airline reported a pre-tax income of $2.2 billion with a pre-tax margin of 15.2% with earnings of $2.68 per share. The airline’s adjusted net debt stood at $19.8 billion at June quarter end, a reduction of $2.5 billion from the end of 2022. The airline made payments on debt and finance lease obligations of $1.8 billion including the $0.8 billion of maturities and the