Delta first quarter income swings to $37 million profit

Delta Air Lines has posted a GAAP net income profit of $37 million in the first quarter of the year, a significant improvement from its net loss of $363 million in the first quarter of 2023. Its operating income swung from a loss of $277 million in the first quarter of 2023 to a positive $614 million in the first quarter of this year. Additionally, its GAAP operating revenue improved 8% year-on-year to $13.7bn and its adjusted operating revenue improved 6% to $12.5bn. “For the March quarter, we delivered record revenue on outstanding operational performance, enabling strong earnings growth,” said