Delta Air Lines reported a $1.3 billion profit for 2022, reaping the benefits of a strong rebound in travel and high air fares paid by consumers clamoring to return to the skies.
The Atlanta-based carrier reported a profit despite high fuel costs exacerbated by Russia’s invasion of Ukraine and stronger global demand. Delta also grappled with a summer of flight disruptions and a hiring blitz to replace staff it cut when the COVID-19 pandemic slammed air travel and pummeled the economy.
The company brought in nearly $50.6 billion in revenue last year, up from less than $29.9 billion in 2021 and better than its record pre-pandemic 2019 revenue of $47 billion.
