Delta Air Lines (NYSE: DAL) reported fourth quarter 2021 earnings results today.
Operating revenue was $9.4 billion compared to $11.4 billion in the fourth quarter of 2019. Adjusted operating revenue was $8.4 billion compared to $11.4 billion in Q4 2019.
On a GAAP basis, the company reported a net loss of $408 million, or $0.64 per share, compared to net income of $1 billion, or $1.71 per share, in the fourth quarter of 2019. Adjusted EPS was $0.22 compared to $1.70 in Q4 2019.
For the first quarter of 2022, Delta expects adjusted revenue to recover to 72-76% of 2019 levels.
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