Delta Air Lines has firmed up options for 12 more Airbus A220-300s, taking Delta to 60 outstanding A220-300 orders.The efficient single-aisle jets will begin arriving from 2026 through 2027 as Delta enters an exciting period of narrowbody fleet renewal.. Delta boosts A220-300 order . Delta flies more than 5,000 flights a day all over the world. The aircraft will complement Deltas high-performance A321neo fleet as the airline updates and refreshes its narrowbody fleet for the years ahead. Terms and conditions apply to all offers and SkyMiles benefits. Ongoing up-gauging has also eliminated 60 percent of the 50-seater product. The airline estimates that during the study, which covered eight months and 40,000 flights, pilots cut fuel costs by $5.4 million and reduced carbon dioxide emissions by more than 21,500 metric tons. The order is the latest Delta initiative to elevate and reshape the future of air travel in the air and on the ground. Delta aims to boost its SAF consumption from just 1 million gallons in 2022 to 400 million gallons by 2030. "As we move into 2023, the industry backdrop for air travel remains favorable and Delta is well positioned to deliver significant earnings and free cash flow growth. Carriers like . These collaborations may include a variety of initiatives, for . Nearly one-third of the aircrafts 182 seats will be premium seating, with 20 customers in First Class, 33 in Delta Comfort+ and 129 in Main Cabin. Fresh Flight Fuel. Key Points. In the event of a delay, the agreement has adequate protection in place, including allowing Delta to shift to another model of the MAX family if necessary. With new fuel-efficient engines, aerodynamic improvements, and the advanced Airspace by Airbus cabin the A330-900 will give Delta a premier long-haul, widebody aircraft with exceptionally low operating costs. These risks and uncertainties include, but are not limited to, the material adverse effect that the COVID-19 pandemic has had on our business; the impact of incurring significant debt in response to the pandemic; failure to comply with the financial and other covenants in our financing agreements; the possible effects of accidents involving our aircraft or aircraft of our airline partners; breaches or lapses in the security of technology systems on which we rely and of the data stored within them, as well as compliance with ever-evolving global privacy and security regulatory obligations; disruptions in our information technology infrastructure; our dependence on technology in our operations; our commercial relationships with airlines in other parts of the world and the investments we have in certain of those airlines; the effects of a significant disruption in the operations or performance of third parties on which we rely; failure to realize the full value of intangible or long-lived assets; labor issues; the effects of weather, natural disasters and seasonality on our business; changes in the cost of aircraft fuel; extended disruptions in the supply of aircraft fuel, including from Monroe Energy, LLC ("Monroe"), a wholly-owned subsidiary of Delta; failure or inability of insurance to cover a significant liability at Monroe's Trainer refinery; failure to comply with existing and future environmental regulations to which Monroe's refinery operations are subject, including costs related to compliance with renewable fuel standard regulations; our ability to retain senior management and other key employees, and to maintain our company culture; significant damage to our reputation and brand, including from exposure to significant adverse publicity or inability to achieve certain sustainability goals; the effects of terrorist attacks, geopolitical conflict or security events; competitive conditions in the airline industry; extended interruptions or disruptions in service at major airports at which we operate or significant problems associated with types of aircraft or engines we operate; the effects of extensive government regulation we are subject to; the impact of environmental regulation, including but not limited to increased regulation to reduce emissions and other risks associated with climate change, and the cost of compliance with more stringent environmental regulations; and unfavorable economic or political conditions in the markets in which we operate or volatility in currency exchange rates. Free cash flow is also used internally as a component of our 2022 incentive compensation program. June quarter 2021 adjusted pre-tax loss of $881 million and adjusted loss per share of $1.07 on adjusted operating revenue of $6.3 billion. Powered by Pratt and Whitneys latest-generation geared turbofan GTF engines, the A220 offers 25% better fuel efficiency than retiring aircraft in its class. Delta Air Lines will add the state-of-the-art Boeing 737 MAX aircraft to its fleet, as the airline continues to refresh its fleet to elevate the in-flight customer experience while improving fuel efficiency. Join; . *Contents may vary. We adjust for this activity because it provides a more meaningful comparison to our airline industry peers. Before takeoff, flight groups work to target the optimal amount of fuel for the plane to reach the gate at destination, eliminating unnecessary fuel weight. The airline is matching customer and employee offsets up to $25,000 for the month of April. It means investing in our future through direct action now. Photo: Delta Air Lines. Subscribe and follow. The cabin will also feature LED lighting that enhances the aircrafts sense of spaciousness and large pivoting overhead bins. Subscribeandfollow. Available during beverage service. With a top speed of Mach 0.79 and a range of 3,300 nautical miles, the 737-10 has broad flexibility to serve markets across the U.S. within Deltas industry-leading network. Delta is not able to reconcile forward looking non-GAAP financial measures without unreasonable effort because the adjusting items such as those used in the reconciliations below will not be known until the end of the period and could be significant. About Delta Air Lines
In 2019, we had the first nine of these aircraft delivered. In the air, streamlined flight paths and more fuel-efficient aircraft, including those outfitted with winglets, help to improve efficiency. Overall, a mix o fleet renewal and operational initiatives are driving this improvement. ", December Quarter 2022 GAAP Financial Results, December Quarter 2022 Adjusted Financial Results, Full Year 2022 Adjusted Financial Results, *Includes cash and cash equivalents, short-term investments and undrawn revolving credit facilities, 1 Non-GAAP measures; Refer to Non-GAAP reconciliations for comparison figures. New aircraft are 25 percent more efficient per seat mile than the aircraft they replace. The announcement was made at the 2022 Farnborough International Airshow in the U.K., and included a signing ceremony with Delta, Boeing and CFM executives. Saving fuel on the ground Terms apply. New aircraft are 25 percent more efficient per seat mile than the aircraft they replace. So Delta Air Lines tried a bold experiment: It bought an oil refinery in 2012 outside Philadelphia, the first such purchase by a major U.S. airline. Despite these reductions, the nature of burning jet fuel means some environmental impact is unavoidable. FRUIT & CHEESE PLATE - $12. model. These widebodies are combining well on international journeys. SweetWater Brewing Company Hazy IPA - $10. Our goal is to decarbonize aviation. U.S. airlines - fuel consumption 2004-2021. 1 corporate blood donor to the American Red Cross in 2018, 2019 and 2020. Aircraft fuel and related taxes. Using an older or non-compatible browser may result in a less than desirable user experience. Now get 15% off Award Travel booked on Delta flights anytime* with the Delta SkyMiles Gold American Express Card. Delta people donate thousands of pints of blood each year and were named the No. About Delta Air Lines More than 4,000 Delta Air Lines (NYSE: DAL) flights take off every day, connecting people across more than 275 destinations on six continents with a commitment . The gains/losses are driven by changes in stock prices, foreign currency fluctuations and other valuation techniques for investments in companies without publicly-traded shares. Replacing older aircraft currently has the largest impact on Deltas emissions and efficiency. Additional metrics for financial modeling can be found in the Supplemental Information section under Quarterly Results on ir.delta.com. Last year, the airline received a total of 52 next-gen aircraft that are an average 25% more fuel-efficient per seat mile than retired models. But, they were tasty and better than nothing while the service . So, its not a coincidence that the carrier has been keen to deploy new units in recent years. Delta is the first major airline to report financial results for the . While this percentage may not seem like much, in practice, it forms a saving of 22.5 million gallons of fuel. The company has also been named an honoree ofThe Civic 50 by Points of Light, the worlds largest organization dedicated to volunteer service for the past three years in a row. Powered by innovative and strategic partnerships with Aeromexico, Air France-KLM, China Eastern, Korean Air, LATAM, Virgin Atlantic and WestJet, Delta brings more choice and competition to customers worldwide. The A350 burns approximately 14,000 gallons of fuel on a transatlantic hop. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The airline is continuing to invest in more fuel-efficient aircraft, like the Airbus A321. Delta is America's most-awarded airline thanks to the dedication, passion and professionalism of its people, recognized by Fortune, the Wall Street Journal, and Business Travel News, among many others. We have adjusted for these items, which were primarily funded by cash restricted for airport construction, to provide investors a better understanding of the company's free cash flow and capital expenditures that are core to our operations in the periods shown. Unrealized gains/losses result from our equity investments that are accounted for at fair value in non-operating expense. The order is the latest Delta initiative to elevate and reshape the future of air travel in the air and on the ground. Potato chips, crackers, cheese spread, beef snack stick, almonds, chocolate sandwich cookies and gummi bears. Also, these engines will be maintained by Delta TechOps technicians to keep them in top shape in the long term. Emirates, Japan . Operating new and fuel-efficient aircraft is one way to manage fuel costs while fuel hedging is another. Available on select flights over 1,500 miles. Equity investment MTM adjustments. To reach that goal, U.S. airlines have pledged to work across the aviation industry and with government leaders to make 3 billion . The 737-10 aligns with four key pillars of Deltas long-term fleet strategy: The order is within Deltas 2022-24 Capex guidance provided at Capital Markets Day in December 2021. *Available for purchase in Main Cabin, complimentary in Delta One and Delta Comfort+ on select Transcontinental and Hawaii flights. These adjustments are made for the following reasons: Net redemptions of short-term investments. Delta Air Lines will add the state-of-the-art Boeing 737 MAX aircraft to its fleet, as the airline continues to refresh its fleet to elevate the in-flight customer experience while improving fuel efficiency. Delta Air Lines to take 20 carbon-neutral new aircraft deliveries from the Airbus final assembly line in Mobile, Ala. . That includes a $12 billion long-term investment in new and upgraded facilities at airports inNew York,Los Angeles,Salt Lake City,Seattleand other key cities; new, expanded and enhancedDelta Sky Clubsin airports nationwide; upgraded high-speed on-board WiFi; expanded in-seat in-flight entertainment throughout Deltas fleet; andnew digital toolsto improve convenience and reduce stress at every point of the journey. "For the year we delivered $45.6 billion in adjusted revenue, a $19billion increase over the prior year, with record unit revenue performance expected to sustain a revenue premium to the industry of more than 110 percent. December quarter results have been adjusted primarily for the third-party refinery sales, unrealized losses on investments and loss on extinguishment of debt and as described in the reconciliations in Note A. These new aircraft provide superior operating economics and network flexibility, and the agreement reflects our prudent approach to deploying our capital., Most importantly, Bastian said, This aircraft will be piloted, served and maintained by the very best professionals in the business, and its their hard work and dedication to our customers that always sets us apart., We are proud that Delta is renewing its single-aisle fleet with the 737 MAX, Boeings most fuel-efficient family of airplanes, said Stan Deal, president and CEO of Boeing Commercial Airplanes. So, Delta is continuing to spend big on sustainability schemes, including the scale-up of sustainable aviation fuel. Subscribeandfollow. Fortunately, weve always viewed sustainability as a long-term, ongoing investment. Delta News Hub interviewed Patrick Callan, Delta's Director - Jet Fuel Supply . On the narrowbody front, the A220 is bolstering Deltas holdings with modern options, and the airline took its milestone 50th delivery of the type last summer. In 2019, Delta was again recognized by Great Place to Work, improved our Net Promoter Score, donated a record 13,064 pints of blood, improved fuel efficiency, and this year, committed to investing $1 billion over the next 10 years to become carbon neutral. Delta has introduced new first class seats on the A321neos. This enabled us to pay down over $4.5 billion of gross debt during the year, strengthening our balance sheet," Janki said. The company has also been named an honoree ofThe Civic 50 by Points of Light, the worlds largest organization dedicated to volunteer service for the past three years in a row. We have adjusted for these items because management believes investors should be informed that a portion of these capital expenditures from airport construction projects are either funded with restricted cash specific to these projects or reimbursed by a third party. Profit sharing. More than 50 airlines, oil companies and other companies, including Delta, BP and Boeing, pledged on Wednesday to replace 10% of global jet fuel supply with sustainable aviation fuel (SAF) by 2030. Even as the global pandemic continues, we remain focused on sustainable development and protecting the future of our company, said CEO Ed Bastian. These new aircraft provide superior operating economics and network flexibility, and the agreement reflects our prudent approach to deploying our capital., Most importantly, Bastian said, This aircraft will be piloted, served and maintained by the very best professionals in the business, and its their hard work and dedication to our customers that always sets us apart., We are proud that Delta is renewing its single-aisle fleet with the 737 MAX, Boeings most fuel-efficient family of airplanes, said Stan Deal, president and CEO of Boeing Commercial Airplanes. The Atlanta-based carrier recognizes that renewal is the best way it can boost its fuel efficiency. "We expect to deliver free cash flow of more than $2 billion in 2023 and further reduce debt on our path to reach investment grade metrics in 2024.". Delta Private Jets adjustment. "Industry-leading operations and the best-in-class service our people provided drove strong customer satisfaction scores and increasing brand preference in 2022," said Glen Hauenstein, Delta's president. You will be redirected to a website that is not owned by Delta Air Lines and is not within our control. What do you make of the overall way the carrier has managed to save fuel? Caution should be taken not to place undue reliance on our forward-looking statements, which represent our views only as of the date of this press release, and which we undertake no obligation to update except to the extent required by law. Herb chicken salad sandwich with a gourmet cherry jam, gran queso cheese and arugula on a butter croissant, served with apple slices and a dark chocolate mini square. Refinery sales to third parties, and related expenses, are not related to our airline segment. This includes buy-on-board offerings, dubbed "Flight Fuel Plates" and "Flight Fuel snack boxes" that are now rolling out on domestic flights longer than 1,500 miles. The site may not follow the accessibility policies as Delta Air Lines. The Boeing 737-10 will be an important addition to Deltas fleet as we shapea more sustainable future for air travel, with an elevated customer experience, improved fuel efficiency and best-in-class performance, said Ed Bastian, Deltas chief executive officer. Terms apply. Airline Loyalty Program, Best Airport Lounge Network and Best Airline Co-Branded Credit Card with the SkyMiles Platinum American Express, Awarded Delta SkyMiles as Americas' top loyalty program by the Frequent Traveler People's Awards in four of its five award categories, Opened the latest phase of the Delta Sky Way in Los Angeles and a new Delta Sky Club at Chicago O'Hare, Improved fuel efficiency by 4.2 percent in 2022 versus 2019 through fleet renewal and other initiatives, Saved more than 10 million gallons of fuel in 2022 as a result of Delta's Carbon Council initiatives including fleet modifications, enhanced landing procedures and optimizations to flight routing and speed, Partnering with Aero Design Labs to test novel drag-reduction technology to further decrease emissions, Honored with the Green Partner in Travel Award from the American Society of Travel Advisors, Awarded the North American Environmental Sustainability Airline / Airline Group of the Year award from the Centre for Aviation, Engaged more than 70 percent of our officer group in racial equity training. The airline is maximizing fuel efficiency by using split scimitar winglets that save an estimated 34,000 gallons of fuel per aircraft per year. Management believes this metric is helpful to investors in assessing the company's overall debt profile. The adjustment for aircraft fuel and related taxes allows investors to better understand and analyze our non-fuel costs and year-over-year financial performance. At Delta Air Lines, we promise to treat your data with respect and will not share your information with any third party. Caring for customers during these times includes electrostatic spraying to sanitize each aircraft before every flight, extensively cleaning high-touch areas and blocking middle seats to give passengers more space while traveling. Built in our factory in Washington state with support from key suppliers across the US, the 737-10 will provide Delta with the best economics to carry more passengers across its short and medium-haul routes.. Alcohol may only be served to customers over the age of 21; please enjoy responsibly. Delta currently has 11 A220-300s in service and 51 on order, including the 12 purchase rights exercised today, which are slated for delivery beginning in 2026. Delta Air Lines took delivery of its first A330-900, one of 35 A330neos the Atlanta, Georgia-based airline has on order. In total, these 13 flights used approximately 141,000 gallons of SAF. These reconciliations include certain adjustments to GAAP measures, that are directly related to the impact of COVID-19 and our response. The A350 has 306 seats including 32 Delta One suites, which feature private compartments with doors, lie flat seating and ample room: 48 Delta Premium Select seats with up to 38 inches of pitch . Headquartered in Atlanta, Georgia, it operates 5,400 flights daily to 325 places in 52 countries. Photo . united airlines (eighth), with a fuel efficiency score of 1.00, was equal to the average for 2010 u.s. domestic operations. With the exception of Delta, improvements in efficiency among legacy carriers were small or nonexistent. Canadian airlines - fuel consumption 1990-2021; Hawaiian Holdings Inc.'s fuel consumption 2013-2021; Fuel efficiency of prominent transatlantic airlines by airline 2017; Worldwide airlines - non . Delta Air Lines will continue refreshing its fuel-efficient, state-of-the-art fleet after executing options for 12 new Airbus A220-300 aircraft. Jet fuel from thin air: Aviation's hope or hype? 5 percent per year between 2005 and 2019, . Check in, change seats, track your bag, check flight status, and more. Delta Air Lines said on Thursday it would spend more than $30 million to offset 13 million metric tons of carbon emissions . 1 in the Business Travel News Airline Survey for the 12th consecutive year and No. In 2019, the airline operated its first full year with the Airbus 220, the airline's newest, state-of-the-art aircraft featuring best-in-class fuel efficiency. Even as we face challenges related to COVID-19, sustainability work is essential to protecting the planet and must continue. Excluding these sales therefore provides a more meaningful comparison of our airline operations to the rest of the airline industry. 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