Delta Airlines (DAL) CEO says US economy remains on a firm footing; consumers continue to prioritise experiences with travel among top spending categories
Importance
Level 1
- Business travel is showing signs of improvement as corporate confidence grows.
- Set a new weekly bookings record last week with cash sales up double digits Y/Y.
- Rev. growth of 5-7% in the March quarter.
- EPS growth of 20% Y/Y in 2026, ahead of the Co's long-term target.
- FCF of USD 3-4bln in 2026.
- In 2026, expects high single-digit growth in co-branded remuneration; keeping the US on track to achieve its USD 10bln goal within the next few years.
- Yet to see marked movement in main cabin demand.
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