Public · NYSE: DAL · CIK 27904 · SkyTeam founding member (2000)
Delta Air Lines Financials
One of three US legacy mainline carriers, operating from four core hubs (Atlanta, Detroit, Minneapolis-Saint Paul, Salt Lake City) plus five coastal hub positions (Boston, Los Angeles, LaGuardia, JFK, Seattle). FY2025 revenue $63.36B from live SEC EDGAR XBRL — slightly ahead of UAL on revenue terms. The page covers four distinguishing dimensions that fundamental-finance sites surface poorly: airline operating KPIs (ASMs, PRASM, TRASM, CASM, CASM-Ex), Passenger / Cargo / Other segment split with Delta-distinct Other sub-components (refinery, loyalty, ancillary), fleet composition (989 mainline + 325 regional aircraft), and labor + fuel cost structure. The conjoined 2005 Chapter 11 + 2008 Northwest merger is the structural origin of the modern company — see the leadership page for the deeper governance treatment, plus the per-airline profile at /aviation/airlines/delta-air-lines/ for fleet / hub / alliance operational detail.
FY2025 revenue
$63.36B
Live from SEC EDGAR XBRL. Three pillars: Passenger (~82%), Cargo (~1%), Other (refinery, loyalty, ancillary).
Mainline fleet
989
Plus 325 regional aircraft via Endeavor Air (wholly-owned), SkyWest, and Republic.
Hub footprint
4 core + 5 coastal
Core: ATL · DTW · MSP · SLC. Coastal: BOS · LAX · LGA · JFK · SEA.
Headcount (2025-12-31)
103,000
Approximately 20% represented by U.S. labor organizations per FY2025 10-K Human Capital (pilots-only-unionized at mainline level).
2005 Chapter 11 + 2008 Northwest merger · conjoined structural origin of the modern company
On September 14, 2005 Delta Air Lines, Inc. filed for Chapter 11 bankruptcy protection in the Southern District of New York (alongside Northwest Airlines, which filed the same day). The 21-month restructuring eliminated pre-petition equity, restructured the debt stack, and produced a balance-sheet reset; Delta emerged April 30, 2007. On April 14, 2008 Delta announced an all-stock merger with Northwest Airlines Corporation; the merger closed October 29, 2008 with Delta as the surviving entity. The FAA granted a single operating certificate December 31, 2009; the Northwest brand was retired January 31, 2010. The combined SEC registrant continued under Delta's pre-merger CIK 0000027904. The financials charts on this page intentionally start at FY2018 (a post-merger, post-COVID-baseline year) to avoid splicing pre-merger Delta-standalone history with combined-entity history.
Chapter 11 filing: 2005-09-14 · Chapter 11 emergence: 2007-04-30 · Merger announcement: 2008-04-14 · Merger close: 2008-10-29 · Single operating certificate: 2009-12-31 · Northwest brand retired: 2010-01-31.
The leadership page at /orgs/delta-air-lines/leadership/ carries the deeper governance treatment of both events including the Grinstein-Anderson-Bastian CEO transition arc that spans the Chapter 11 era through the post-merger integration.
Monroe Energy refinery · Delta-distinct fuel-cost-hedging mechanism
Monroe and its pipeline subsidiary operate the Trainer refinery and related logistics assets located near Philadelphia, Pennsylvania. The facilities include pipelines and terminal assets that allow the refinery to supply jet fuel to Delta's airline operations throughout the northeastern U.S., including the New York City hubs at LaGuardia and JFK. The refinery's production includes jet fuel as well as non-jet fuel products (gasoline, diesel, etc.); Delta exchanges or sells the non-jet fuel products with counterparties for jet fuel consumed in airline operations. Third-party refinery sales are reported as 'Refinery' revenue under Other revenue; refinery operating expense flows through 'Ancillary businesses and refinery.' The refinery segment generated $157M of operating income in FY2025 vs. $38M in FY2024.
Acquired: 2012-06 for ~$150M · FY2025 refinery third-party revenue: $5,077M · FY2025 segment impact on avg price per fuel gallon: $-0.04/gallon.
Stock price (DAL)
Live current price plus the five-year history. The COVID dip in 2020 and the post-COVID recovery are the central visual story. Chart updates during US market hours (9:30 a.m. – 4:00 p.m. Eastern, Monday – Friday) via TradingView's embed widget.
Most recent Delta SEC filings
The freshness frontier — the latest filing of each material form type, fetched live from EDGAR under CIK 0000027904. The 10-K marked “Anchors this page” is the source of every hand-curated value below; the others are surfaced for transparency.
6 material filings have been filed since the anchor 10-K above (1 10-Q, 4 8-K, 1 DEF 14A).
Earnings Reaction History
Quarterly print-day reactions across the most-recent 8 Delta earnings prints. Delta prints quarterly BMO (before market open): Q4 mid-January, Q1 mid-April, Q2 mid-July, Q3 mid-October — distinct from UAL's AMC convention. Per-page in-flight-row policy ALLOWS pre-print rows: a row may be appended on or before print day with consensus + run-up populated and actuals + post-print moves marked pending; the refresh task fills the pending cells in once the print airs and the post-print prices settle. As of the 2026-05-26 initial-build pass, all eight rows are pending — the first quarterly refresh after the initial ship will populate them from each 8-K's Exhibit 99.1 press release plus contemporaneous CNBC/Yahoo/Zacks/MarketBeat/Investing.com consensus coverage and Yahoo Finance v8 chart data (fetched via Chrome MCP per the CLAUDE.md 'Yahoo Finance v8 chart endpoint rate-limits the sandbox' rule).
| Q2 2024 | $15.41B | $15.41B | $2.37 | $2.36 | -10.5% | -3.0% | -0.2% |
| Q3 2024 | $14.67B | $14.59B | $1.52 | $1.50 | +24.4% | +2.1% | +9.9% |
| Q4 2024 | $14.18B | $14.44B | $1.75 | $1.85 | +3.8% | -2.8% | -1.7% |
| Q1 2025 | $12.98B | $12.98B | $0.40 | $0.46 | -28.2% | -11.1% | -8.3% |
| Q2 2025 | $15.48B | $15.51B | $2.05 | $2.10 | +14.9% | -0.2% | -0.8% |
| Q3 2025 | $15.06B | $15.20B | $1.53 | $1.71 | -2.8% | -3.5% | +1.4% |
| Q4 2025 | $14.69B | $14.61B | $1.53 | $1.55 | +8.2% | -1.2% | -0.6% |
| Q1 2026 | $13.94B | $14.20B | $0.65 | $0.64 | -1.7% | -0.4% | +5.7% |
Annual revenue (FY2018–FY2025)
Live from SEC EDGAR XBRL under CIK 0000027904. The chart intentionally starts at FY2018 (a post-merger, post-COVID-baseline year) to avoid splicing pre/post-October-2008-Northwest-merger histories and pre/post-ASC-606 tag transitions onto a single visual. The COVID dip in FY2020 / FY2021 is highlighted in rose; the post-COVID recovery to FY2024 ($61.64B) is the central visual story, with the FY2025 print of $63.36B reflecting capacity discipline plus premium-cabin yield expansion.
Other metrics from EDGAR
Operating income, net income, operating cash flow, capex (PP&E + flight equipment via PaymentsToAcquireProductiveAssets), and stock-based compensation (via AllocatedShareBasedCompensationExpense) — pulled live from SEC EDGAR XBRL. The COVID-era losses (FY2020 NetInc -$12.39B with the demand collapse and Northwest-style payroll-support program inflows) and the post-COVID profitability recovery are the central story; FY2025 net income of $5.0B was helped meaningfully by a $1.21B gain on equity investments (LATAM, Aeroméxico, Air France-KLM, etc.).
| Metric | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Income (Loss) | $5.26B | $6.62B | -$12.47B | $1.89B | $3.66B | $5.52B | $6.00B | $5.82B |
| Net Income (Loss) | $3.94B | $4.77B | -$12.38B | $280M | $1.32B | $4.61B | $3.46B | $5.00B |
| Operating Cash Flow | $7.01B | $8.43B | -$3.79B | $3.26B | $6.36B | $6.46B | $8.03B | $8.34B |
| Capex (Productive Assets) | $5.17B | $4.94B | $1.90B | $3.25B | $6.37B | $5.32B | $5.14B | $4.50B |
| Stock-Based Compensation | $159M | $161M | $119M | $149M | $150M | $180M | $236M | $313M |
Airline operating KPIs
The airline-economics dashboard that fundamental-finance sites surface poorly. ASMs (Available Seat Miles) measure capacity; load factor measures utilization; PRASM, TRASM, and yield measure revenue intensity; CASM measures unit cost; CASM-Ex (Delta's non-GAAP measure excluding fuel and profit sharing) isolates the labor-and-operations cost trajectory independent of fuel-price volatility. Hand-curated from each 10-K MD&A “Operating Statistics” table; the FY2025 10-K MD&A discloses two-year comparatives, so FY2023 KPI cells are pending a future refresh-task backfill from the FY2023 10-K. Source: FY2025 10-K filed 2026-02-11.
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| ASMs (capacity, millions) | — | 288,394 | 298,045 |
| RPMs (traffic, millions) | — | 246,145 | 249,578 |
| Passenger load factor | — | 85.0% | 84.0% |
| PRASM (passenger rev per ASM, ¢) | — | 17.65¢ | 17.37¢ |
| TRASM (total rev per ASM, ¢) | — | 21.37¢ | 21.26¢ |
| TRASM adjusted (non-GAAP, ¢) | — | 19.76¢ | 19.56¢ |
| Yield (¢ per RPM) | — | 20.68¢ | 20.74¢ |
| CASM (cost per ASM, ¢) | — | 19.30¢ | 19.31¢ |
| CASM-Ex (excl. fuel & profit sharing, ¢) | — | 13.54¢ | 13.86¢ |
| Fuel gallons consumed (millions) | 3,926 | 4,114 | 4,269 |
| Avg fuel price ($/gallon) | $2.82 | $2.57 | $2.30 |
Segment revenue split (Passenger / Cargo / Other)
Operating revenue by segment per the FY2025 10-K Statements of Consolidated Operations. Passenger is ~82% of total in every recent year (lower than UAL's ~90% because Delta's Other line is structurally larger — it includes the Monroe Energy refinery's third-party sales). Source: FY2025 10-K filed 2026-02-11.
| FY | Passenger | % | Cargo | % | Other | % | Total |
|---|---|---|---|---|---|---|---|
| FY2023 | $48,909M | 84.3% | $723M | 1.2% | $8,416M | 14.5% | $58.05B |
| FY2024 | $50,894M | 82.6% | $822M | 1.3% | $9,927M | 16.1% | $61.64B |
| FY2025 | $51,768M | 81.7% | $900M | 1.4% | $10,696M | 16.9% | $63.36B |
Other revenue sub-components
Delta's Other line is structurally distinct from UAL's: it includes Monroe Energy refinery third-party sales (Delta is the only US legacy carrier to own a refinery), SkyMiles loyalty revenue from the American Express co-brand partnership ($8.2B in Amex remuneration in FY2025, +11% YoY), the Delta TechOps MRO business plus Delta Vacations under Ancillary, and Miscellaneous (lounge access, codeshare, JV settlements).
| FY | Refinery | Loyalty | Ancillary | Misc | Total Other |
|---|---|---|---|---|---|
| FY2024 | $4,642M | $3,297M | $772M | $1,216M | $9,927M |
| FY2025 | $5,077M | $3,362M | $937M | $1,320M | $10,696M |
Passenger revenue by geographic region
From the FY2025 10-K Note 2 (Revenue) — Revenue by Geographic Region disclosure. Revenue is attributed by origin, flight path, and destination of each flight segment. The Pacific region's +34% FY2023→FY2025 trajectory ($2.09B → $2.79B) is the most-prominent post-COVID recovery story, led by demand to Japan and South Korea via the Korean Air JV; Atlantic and Latin America have held roughly flat in dollar terms. Source: FY2025 10-K filed 2026-02-11.
| FY | Domestic | % | Atlantic | % | Pacific | % | Latin America | % |
|---|---|---|---|---|---|---|---|---|
| FY2023 | $33,968M | 69.5% | $9,057M | 18.5% | $2,086M | 4.3% | $3,798M | 7.8% |
| FY2024 | $35,226M | 69.2% | $9,133M | 17.9% | $2,540M | 5.0% | $3,995M | 7.8% |
| FY2025 | $35,731M | 69.0% | $9,270M | 17.9% | $2,787M | 5.4% | $3,980M | 7.7% |
Cost structure: labor + fuel are the two largest categories
Operating expense line items from the FY2025 10-K Statements of Consolidated Operations. Salaries-and-related-costs plus Profit-sharing together with Aircraft fuel account for roughly 50% of total operating expense every year. The salaries line grew from $14.61B (FY2023) to $17.52B (FY2025) reflecting the March 2023 ALPA pilot contract ratification (which also produced the one-time $864M “Pilot agreement and related expenses” line in FY2023) plus subsequent base-pay increases. Fuel-cost movements track average jet-fuel prices — FY2023 averaged $2.82/gallon vs. FY2025's $2.30/gallon, helped by the Monroe Energy refinery's segment impact (-$0.04/gallon in FY2025 vs. -$0.01 in FY2024). Source: FY2025 10-K filed 2026-02-11.
| FY | Salaries + profit sharing | % | Aircraft fuel | % | All other | % | Total |
|---|---|---|---|---|---|---|---|
| FY2023 | $15,990M | 30.4% | $11,069M | 21.1% | $25,468M | 48.5% | $52.53B |
| FY2024 | $17,550M | 31.5% | $10,566M | 19.0% | $27,532M | 49.5% | $55.65B |
| FY2025 | $18,857M | 32.8% | $9,819M | 17.1% | $28,866M | 50.2% | $57.54B |
Fleet composition + route network
Mainline fleet of 989 aircraft (870 owned + 20 finance lease + 99 operating lease) with a 14.8-year fleet-average age, plus 325 regional aircraft operated as Delta Connection by Endeavor Air (Delta's wholly-owned regional subsidiary), SkyWest, and Republic. Four core US hubs (ATL, DTW, MSP, SLC) plus five coastal hub positions (BOS, LAX, LGA, JFK, SEA). International gateways at Amsterdam (the KLM JV hub), Tokyo Haneda, Paris (the Air France JV hub), and Seoul-Incheon (the Korean Air JV hub). Source: FY2025 10-K Item 2 Properties filed 2026-02-11.
Mainline fleet (as of 2025-12-31)
| Type | Total | Owned | Finance lease | Op lease | Avg age (yrs) | Family |
|---|---|---|---|---|---|---|
| A220-100 | 45 | 45 | 0 | 0 | 6.0 | narrow-body |
| A220-300 | 36 | 36 | 0 | 0 | 2.7 | narrow-body |
| A319-100 | 57 | 57 | 0 | 0 | 23.8 | narrow-body |
| A320-200 | 46 | 46 | 0 | 0 | 29.0 | narrow-body |
| A321-200 | 127 | 77 | 8 | 42 | 7.0 | narrow-body |
| A321-200neo | 87 | 87 | 0 | 0 | 2.0 | narrow-body |
| A330-200 | 11 | 11 | 0 | 0 | 20.8 | wide-body |
| A330-300 | 31 | 28 | 0 | 3 | 16.9 | wide-body |
| A330-900neo | 39 | 32 | 2 | 5 | 3.0 | wide-body |
| A350-900 | 40 | 29 | 0 | 11 | 5.3 | wide-body |
| B-717-200 | 80 | 80 | 0 | 0 | 24.3 | narrow-body |
| B-737-800 | 77 | 73 | 4 | 0 | 24.3 | narrow-body |
| B-737-900ER | 163 | 119 | 6 | 38 | 10.0 | narrow-body |
| B-757-200 | 76 | 76 | 0 | 0 | 27.1 | narrow-body |
| B-757-300 | 16 | 16 | 0 | 0 | 22.9 | narrow-body |
| B-767-300ER | 37 | 37 | 0 | 0 | 29.0 | wide-body |
| B-767-400ER | 21 | 21 | 0 | 0 | 25.0 | wide-body |
Delta Connection regional fleet
325 aircraft (202 owned by Delta + 123 owned or leased by the regional carriers). Endeavor Air is a wholly-owned subsidiary of Delta; SkyWest and Republic operate under capacity-purchase agreements.
| Operator | Ownership | Aircraft |
|---|---|---|
| Endeavor Air, Inc. | Wholly-owned subsidiary of Delta | 144 |
| SkyWest Airlines, Inc. | Capacity-purchase agreement | 124 |
| Republic Airways, Inc. | Capacity-purchase agreement | 57 |
| Type | Total | Operators |
|---|---|---|
| CRJ-700 | 24 | Endeavor Air (19), SkyWest (5) |
| CRJ-900 | 157 | Endeavor Air (125), SkyWest (32) |
| Embraer 170 | 11 | Republic Airways (11) |
| Embraer 175 | 133 | SkyWest (87), Republic Airways (46) |
Firm aircraft orders (total 256 + 120 purchase options)
Aircraft purchase commitments by fleet type and delivery year. Pipeline reflects Delta's post-COVID fleet-renewal strategy: replacing 717/737-800/A319/A320 narrow-bodies with A220-300, A321neo, and 737 MAX 10; replacing 767 wide-bodies with A330-900neo, A350-900, and A350-1000. On January 12, 2026, Delta entered into a definitive agreement with Boeing to acquire additional aircraft (terms subsequent to this 10-K's filing date).
| Type | Firm | 2026 | 2027 | 2028 | After 2028 |
|---|---|---|---|---|---|
| A220-300 | 64 | 24 | 18 | 10 | 12 |
| A321-200neo | 68 | 20 | 42 | 6 | 0 |
| A350-900 | 4 | 4 | 0 | 0 | 0 |
| A350-1000 | 20 | 0 | 8 | 12 | 0 |
| B-737-10 | 100 | 0 | 27 | 39 | 34 |
Balance sheet snapshot
From the FY2025 10-K Consolidated Balance Sheet. Cash at year-end 2025 was $4.31B (up from $3.07B at year-end 2024); Delta reports total liquidity of $7.4B including the aggregate principal amount committed and available under revolving credit facilities. The Equity investments line ($4.22B, up from $2.85B in FY2024) reflects Delta's minority stakes in Aeroméxico, Air France-KLM, Korean Air, LATAM, and Virgin Atlantic — the structural feature that produces meaningful mark-to-market gains in Delta's non-operating income line. Source: FY2025 10-K filed 2026-02-11.
| Metric | As of 2025-12-31 | As of 2024-12-31 |
|---|---|---|
| Cash and equivalents | $4,310M | $3,069M |
| Accounts receivable, net | $2,850M | $3,224M |
| Total current assets | $10,968M | $9,844M |
| Property and equipment, net | $39,743M | $37,595M |
| Goodwill | $9,753M | $9,753M |
| Equity investments | $4,222M | $2,846M |
| Total assets | $81,317M | $75,372M |
| Current debt and finance leases | $1,605M | $2,175M |
| Noncurrent debt and finance leases | $12,507M | $14,019M |
| Air traffic liability (deferred ticket revenue) | $7,157M | $7,094M |
| Total stockholders' equity | $20,853M | $15,293M |
Major events timeline
From the 1924 Huff Daland Dusters origin through the FY2025 10-K. Color of the left rule indicates event kind: founding (slate), milestone (emerald), restructuring (rose — Chapter 11, COVID), merger (amber), leadership (blue), labor (violet), filing (slate-light).
- 1924FoundingHuff Daland Dusters, the operating-airline lineage's earliest predecessor, founded as a crop-dusting operation in the Mississippi Delta region (the company's namesake)
- 1928FoundingDelta Air Service incorporated in Monroe, Louisiana by Collett Everman Woolman (who would remain operational CEO until his death in 1966)
- 1929MilestoneFirst scheduled passenger service: Dallas to Jackson, Mississippi
- 1941MilestoneHeadquarters relocated to Atlanta, Georgia — Delta has been Atlanta-based ever since
- 1945MilestoneRenamed Delta Air Lines, Inc.
- Jun 22, 2000MilestoneDelta co-founds the SkyTeam alliance with Air France, Aeroméxico, and Korean Air
- Sep 14, 2005RestructuringDelta files Chapter 11 bankruptcy protection in the Southern District of New York (same day Northwest Airlines also files)
- Apr 30, 2007RestructuringDelta emerges from Chapter 11 reorganization as a standalone reorganized company; pre-petition equity is eliminated
- Apr 14, 2008MergerDelta and Northwest Airlines Corporation announce all-stock merger of equals
- Oct 29, 2008MergerMerger closes; Delta is the surviving entity; CIK 0000027904 continues from pre-merger Delta
- Dec 31, 2009MergerFAA grants single operating certificate to combined Delta-Northwest operations
- Jan 31, 2010MergerNorthwest brand retired (livery and call sign harmonized to Delta)
- 2012-06MilestoneAcquires Monroe Energy and the Trainer refinery near Philadelphia for ~$150M — the only US legacy carrier to own its own refinery
- 2016-05LeadershipEd Bastian succeeds Richard Anderson as Chief Executive Officer; Bastian had previously served as President from 2007 to 2016 through the post-Chapter-11 turnaround
- 2020-03RestructuringCOVID-19 pandemic onset; passenger demand collapses; Delta reports FY2020 net loss of $12.39B and total operating revenue of $17.10B (down from $47.01B in FY2019)
- Mar 1, 2023LaborDelta pilots ratify new four-year contract via ALPA — the post-COVID labor reset's pilot half. FY2023 income statement carries a one-time $864M 'Pilot agreement and related expenses' line
- Feb 11, 2026FilingFY2025 10-K filed; FY2025 results: revenue $63.36B, operating income $5.82B, net income $5.01B, 103,000 full-time equivalent employees year-end, 989 mainline + 325 regional aircraft
- Apr 8, 2026FilingQ1 2026 10-Q filed and Q1 2026 earnings 8-K (Item 2.02) issued
- Apr 24, 2026Filing2026 DEF 14A proxy statement filed; 2026 Annual Meeting of Shareholders set for June 18, 2026 in Atlanta
Methodology & data sources
Live data. Annual revenue, operating income, net income, operating cash flow, capex (via PaymentsToAcquireProductiveAssets), and stock-based compensation (via AllocatedShareBasedCompensationExpense) are sourced live from Delta Air Lines' SEC EDGAR XBRL company-facts endpoint on every refresh. If EDGAR is unreachable when the page is being prepared, the build aborts loud rather than ship pre-fetched values.
Hand-curated, source-tagged. Airline operating KPIs (ASMs, RPMs, PRASM, TRASM, CASM, CASM-Ex, load factor, yield, fuel gallons consumed), segment revenue split (Passenger / Cargo / Other plus Other sub-components), geographic passenger revenue split (Domestic / Atlantic / Pacific / Latin America), operating-expense line items including the Delta-distinct profit-sharing line, fleet composition by aircraft type with owned/finance-lease/operating-lease detail, firm-order pipeline, balance-sheet snapshot, 2005 Chapter 11 + 2008 Northwest-merger event details, Monroe Energy refinery details, and the major-events timeline are not exposed in EDGAR companyfacts JSON. Each value is hand-curated from the FY2025 10-K MD&A Operating Statistics table, the Statements of Consolidated Operations, Note 2 (Revenue), Item 2 (Properties), and the Consolidated Balance Sheet, and tagged with the filing's accession number.
Multi-year chart starting fiscal year. The annual revenue chart and the EDGAR-derived other-metrics table start at FY2018 (a post-merger, post-COVID-baseline year) rather than the earliest available XBRL history. CIK 0000027904 has been continuous since well before the October 29, 2008 Northwest merger and across the 2005 Chapter 11 reorganization; pre-merger XBRL filings under this CIK reflect Delta standalone, post-merger filings reflect the combined entity. Splicing pre/post-merger histories and pre/post-ASC-606 tag transitions onto a single visual would mislead more than it would inform; the 2005 Chapter 11 + 2008 Northwest merger callout near the top documents the boundary explicitly.
Monroe Energy refinery. Delta is the only US legacy carrier to own its own oil refinery. The refinery's third-party non-jet-fuel sales appear in the Other-revenue Refinery line; its operating expense is in the “Ancillary businesses and refinery” line; its segment impact on Delta's average fuel price per gallon is reported as a separate Refinery segment impact line in the fuel-cost reconciliation. The refinery is acknowledged as a structurally distinctive Delta feature throughout the operating-expense methodology; a deeper standalone treatment is out of scope for the financials page.
Cross-references. Sibling page: Delta Air Lines Leadership. Per-airline operational profile: Delta Air Lines on /aviation/. Delta on the orgs roster: Delta Air Lines.
What's intentionally not here. Per-block-hour CPA rates with the regional partners (trade-secret). Pre-2008-Northwest-merger Delta-standalone charts and pre-2008 Northwest Airlines (CIK 0000893971) standalone charts (splicing two entities at the merger boundary onto a single chart would mislead). Monroe Energy refinery deep-dive (the refinery is a small operating segment relative to the airline). JV deep-dives (KLM/Air France, Korean Air, LATAM, Virgin Atlantic — accounted for at the equity-method level for the most part). Forward guidance, analyst estimates, or price targets (the page is reported actuals). Per-event earnings-preview / earnings-recap pages (that page type was retired site-wide).
Last updated: 2026-05-26 14:43 UTC. Latest 10-K on EDGAR: 0000027904-26-000013 filed 2026-02-11. Hand-curated source-tag anchor: 0000027904-26-000013.