Delta is making 60% of industry profit this quarter with United at 40% due to Delta making ~50% more Q3.
3Q25 Net Income - DL: $1,417M UA: $949M. Delta did a great job, United did half of great.

Delta improved yields in Q3 by 4% while United’s dropped 2% both having capacity increases by 4% and 6.6% respectively. This is either indicating United’s recent adds are low yielding across the board both domestically and internationally (especially domestically) and that United’s growth rate is not sustainable due to diluting yields. United did beat their forecast, but not anywhere near the margin Delta beat theirs.

UA: -7.3% in Europe, -13.5% in Latin America, -6.2% Atlantic yields.

Non-Union is a positive metric while UA FA’s are counting to be raked over the coals while DL FA’s got 4 raises since last contract. Delta Global Scope of 23’ prevents Delta from ever outsourcing anymore Int’l. flying without increasing 1:1 block hours (more HV flying = more DL-metal). Velvet just happened past two days. Delta’s main focus will be intl. expansion and a big WB order between 787 or more 350/330’s by EOY + the existing 40 WB AB orders. New Int’l. routes TBA before EOY with Riyadh, Delhi, and Singapore being the frontrunners. Hiring now attrition + 3-4% growth Peace out Friendly ✌🏼