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Delta places Boeing Dreamliner order, forecasts 20% earnings lift
(Sharecast News) - Delta Air Lines has placed its first order for Boeing's 787 Dreamliner, expanding its fleet with 30 of the aircraft as it also forecast a 20% rise in 2026 earnings. The Atlanta-based airline said revenue last year rose to a record $58.3bn. Delta said premium traveller growth was outpacing sales of economy tickets.
Main cabin ticket revenue fell 7% in the fourth quarter year on year, while premium ticket revenue rose 9%, overtaking coach sales in the three month period.
"We are looking at our seat growth in the coming year," said chief executive Ed Bastian. "Effectively none of our growth in seats will be in the main cabin, virtually all will be in the premium sector."
Delta forecast adjusted earnings per share of between $6.50 and $7.50 this year, compared with expectations of $7.25 a share.
The carrier airline forecast revenue growth of up to 7% in the first quarter and adjusted earnings of between 50 cents and 90 cents per share.
Reporting by Frank Prenesti for Sharecast.com
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