The company said operating income for the September 2024 quarter was $1.4 billion, a decrease of $587 million from the September 2023 quarter. It said total revenue in the same quarter increased $189 million, or 1%.

1. 01

   The company said operating income for the September 2024 quarter was $1.4 billion, a decrease of $587 million from the September 2023 quarter. It said total revenue in the same quarter increased $189 million, or 1%.

2. 02

   Delta estimated that the CrowdStrike-caused outage in July 2024 led to approximately 7,000 flight cancellations over 5 days, with a direct revenue impact of about $380 million. The company said the outage and operational recovery resulted in about $170 million of additional operating expenses.

3. 03

   The company said operating activities generated $1.3 billion in the September 2024 quarter, and investing activities used $1.1 billion. It said free cash flow, a non-GAAP measure, was $95 million, and cash outflows for repayments of debt and finance leases were $263 million.

4. 04

   The company said it had cash outflows of $2.4 billion in 2024 January–September related to repayments of debt and finance leases, of which about $900 million were early repayments. As of September 30, 2024, its liquidity was $6.9 billion.

Key figures

Quarter ended September 30, 2024

Revenue

$15.7B

Operating income

$1.4B

Net income

$1.3B

EPS

$1.97

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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