Delta Non-Main-Cabin Revenue Reaches 61% of Second-Quarter Total

The Motley Fool··US·Read original
3▲2 ▼0Impact / 5
Summary · why it matters

Delta Air Lines said non-main-cabin revenue reached 61% of total revenue in the second quarter of 2026, up 2 points from a year earlier, with premium and loyalty revenue each up nearly 20%. Chief Commercial Officer Joe Esposito gave the figure on the company's second-quarter earnings call, describing the shift as part of a deliberate, multiyear strategy to reduce reliance on main cabin ticket revenue. That 61% share is calculated on an adjusted basis that strips out $2.091 billion in third-party refinery sales; including those sales, non-main-cabin revenue would have been 65.3% of the $19.757 billion total, versus 50% for full-year 2017. Premium cabin ticket revenue of $6.920 billion exceeded main cabin ticket revenue of $6.851 billion in the quarter, and Esposito said Delta is not growing main cabin seats and will not grow them next year either. Management also expects loyalty-related remuneration from co-branded credit cards with American Express to grow 10% to $9 billion in 2026, and the stock trades at 12.4 times 2026 earnings estimates.

Impact on assets 3

Industrials▲ · 1 stocks
Delta Air Lines Inc
DAL
▲ PositiveDemandrelevance

Non-main-cabin revenue hit 61% of Q2 total with premium and loyalty revenue each up nearly 20%, reflecting strong end-customer demand for Delta's premium and loyalty offerings.

Digital Finance & Tokenization▲ · 1 stocks
American Express Company
AXP
▲ PositiveDemandrelevance

Delta expects loyalty remuneration from co-branded American Express credit cards to grow 10% to $9 billion in 2026, signaling higher card spending and fee revenue for Amex.

Artificial Intelligence▲ · 1 stocks
© 2026 MarketIVNews