DELTA AIR LINES INC
For the period ended Sep 30, 2024. Filed Oct 10, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 10, 2024
DAL$92.20+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive
Condensed Consolidated Statements of Operations and Comprehensive Income
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (in millions, except per share data) | 2024 | 2023 | 2024 | 2023 |
| Operating Revenue: | ||||
| Passenger | $13,107 | $13,119 | $38,079 | $36,735 |
| Cargo | 196 | 154 | 574 | 535 |
| Other | 2,374 | 2,215 | 7,431 | 6,555 |
| Total operating revenue | 15,677 | 15,488 | 46,084 | 43,825 |
| Operating Expense: | ||||
| Salaries and related costs | 4,231 | 3,760 | 12,035 | 10,838 |
| Aircraft fuel and related taxes | 2,747 | 2,936 | 8,157 | 8,128 |
| Ancillary businesses and refinery | 1,250 | 1,128 | 4,083 | 3,427 |
| Contracted services | 1,069 | 1,004 | 3,134 | 3,009 |
| Landing fees and other rents | 832 | 679 | 2,347 | 1,880 |
| Aircraft maintenance materials and outside repairs | 627 | 661 | 1,990 | 1,860 |
| Depreciation and amortization | 643 | 594 | 1,878 | 1,731 |
| Passenger commissions and other selling expenses | 643 | 618 | 1,865 | 1,770 |
| Regional carrier expense | 600 | 546 | 1,731 | 1,664 |
| Passenger service | 463 | 449 | 1,339 | 1,307 |
| Profit sharing | 320 | 417 | 964 | 1,084 |
| Aircraft rent | 137 | 131 | 411 | 395 |
| Pilot agreement and related expenses | — | — | — | 864 |
| Other | 718 | 581 | 1,872 | 1,669 |
| Total operating expense | 14,280 | 13,504 | 41,806 | 39,626 |
| Operating Income | 1,397 | 1,984 | 4,278 | 4,199 |
| Non-Operating Income/(Expense): | ||||
| Interest expense, net | (173) | (196) | (567) | (627) |
| Gain/(loss) on investments, net | 350 | (206) | (73) | 45 |
| Loss on extinguishment of debt | — | (13) | (36) | (63) |
| Miscellaneous, net | (13) | (48) | (146) | (221) |
| Total non-operating income/(expense), net | 164 | (463) | (822) | (866) |
| Income Before Income Taxes | 1,561 | 1,521 | 3,456 | 3,333 |
| Income Tax Provision | (289) | (413) | (842) | (761) |
| Net Income | $1,272 | $1,108 | $2,614 | $2,572 |
| Basic Earnings Per Share | $1.98 | $1.73 | $4.08 | $4.03 |
| Diluted Earnings Per Share | $1.97 | $1.72 | $4.04 | $4.00 |
| Comprehensive Income | $1,321 | $1,157 | $2,768 | $2,713 |
| The accompanying notes are an integral part of these Condensed Consolidated Financial Statements. | ||||
| Delta Air Lines, Inc. | September 2024 Form 10-Q | 4 |
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