Delta Air Lines on Wednesday said sales would grow in 2025, citing a “resilient economy” for strong travel demand and credit card spending, especially for higher-end offerings. It also said it expects to grow earnings in the coming years.
Delta forecast revenue growth in the mid-single-digit percentage points next year compared with 2024, in line with the roughly 6% growth analysts were expecting. Delta said in a release that costs would continue to rise, up in the low single digits next year, excluding fuel.
In an investor day presentation, the carrier said it would expand flying by 3% to 4% next year from 2024. Delta also reiterated its fourth-quarter outlook. Longer term, it said it expects to grow adjusted earnings by 10% a year over the next three to five years.
Delta is the most profitable U.S. airline, and its leaders tout its strong partnership with American Expressand high demand for pricier seats toward the …