As of September 30, 2024, Delta Air Lines, Inc. reported total assets of $75,368 million, marking an increase from $73,644 million at the end of 2023. Current assets also rose to $11,062 million, up from $10,269 million. Notably, cash and cash equivalents saw a significant increase, reaching $3,969 million compared to $2,741 million at the end of the previous year.
For the third quarter of 2024, Delta's total operating revenue was $15,677 million, a slight increase from $15,488 million in the same period of 2023. However, operating income for the quarter decreased to $1,397 million, down from $1,984 million in September 2023. Despite this decline in operating income, net income for the quarter improved to $1,272 million, compared to $1,108 million in the prior year.
For the nine months ending September 30, 2024, Delta reported total operating revenue of $46,084 million, an increase from $43,825 million in the same period of 2023. Total operating expenses for the September 2024 quarter were $14,280 million, up from $13,504 million in September 2023. Cash flows from operating activities for the nine months ended September 30, 2024, were $6,131 million, compared to $5,919 million for the same period in 2023.
Delta's liquidity position, which includes cash, cash equivalents, and undrawn credit facilities, stood at $6.9 billion as of September 30, 2024. Additionally, the company's profit-sharing expense for the nine months ended September 30, 2024, was $964 million, reflecting a decrease from $1,084 million in the same period of 2023.
About DELTA AIR LINES, INC.
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