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Our results mark clear financial progress as we report the highest quarterly revenue in Delta's history, 3% above the third quarter of 2019 and $1.5 billion of operating income, generating a 12% margin. This was our second quarter -- consecutive quarter of double-digit operating margins. And importantly, we achieved these results despite record high fuel prices and on capacity only 83% restored relative to 2019.
above Q3 2019 even with only 83% of capacity
Transcript
2022 Q3
14 Oct 22
airline industry revenues are still $20 billion to $30 billion below the historical trend against GDP,
airline industry revenue 20-30 below historical trends against gdp
Transcript
2022 Q3
14 Oct 22
countercyclical recovery.
countercyclical recovery
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2022 Q3
14 Oct 22
nd this week, we announced a strategic partnership with an investment in Joby Aviation, aligning the industry's best airline with the innovation leader in developing eVTOL. Joby shares our vision of providing customers a premium experience.
joby aviation
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2022 Q3
14 Oct 22
s we stay on our path to earn over $7 of EPS and $4 billion of free cash in 2024. We'll provide more details on our outlook for 2023 and progress towards our long-term targets at an investor meeting that we will host December 14 in New York.
fcf outlook
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2022 Q3
14 Oct 22
Our priority over the next six months is to prepare for full network restoration by next summer, consistent with our original plan, but always conditioned on continuing demand strength.
full network rstorartion by the summer
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2022 Q3
14 Oct 22
After two years of delaying travel, it is clear that consumers are getting out and traveling the world. Business travel continues to recover in line with our expectations as bookings have improved after Labor Day and companies reconnect with their teams and their customers.
bulliosh commenmtary
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2022 Q3
14 Oct 22