Delta Air Lines Guides For 2024 Free Cash Flow Of $3B-$4B, An Improvement Of Up To $2B Over 2023
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines projects its 2024 free cash flow to be between $3 billion and $4 billion, marking an increase of up to $2 billion compared to its 2023 figures.
January 12, 2024 | 11:32 am
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Delta Air Lines anticipates a substantial increase in free cash flow for 2024, estimating it to be between $3 billion and $4 billion, which is up to $2 billion more than the expected figures for 2023.
Delta Air Lines' guidance for a higher free cash flow in 2024 suggests improved operational efficiency and profitability. This positive outlook is likely to be well-received by investors, potentially leading to a short-term increase in stock price as it reflects the company's confidence in its future financial performance.
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