Delta Air Lines Loyalty travel awards — Operating revenue decreased by 6.2% to $1.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $940.00M to $1.03B. Over 4 years (FY 2021 to FY 2025), Loyalty travel awards — Operating revenue shows an upward trend with a 24.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher member engagement and a stronger loyalty ecosystem, while a decrease may indicate lower program utilization or shifts in redemption behavior.
This metric represents the portion of total operating revenue attributed to the redemption of loyalty program miles or p...
Comparable to 'Loyalty Program Redemption Revenue' or 'Frequent Flyer Award Revenue' reported by other major global carriers with integrated loyalty programs.
dal_segment_loyalty_travel_awards_operating_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $428.00M | $544.00M | $573.00M | $543.00M | $744.00M | $786.00M | $825.00M | $743.00M | $902.00M | $902.00M | $915.00M | $844.00M | $975.00M | $978.00M | $1.04B | $940.00M | $1.09B | $1.11B | $1.10B | $1.03B |
| QoQ Change | — | +27.1% | +5.3% | -5.2% | +37.0% | +5.6% | +5.0% | -9.9% | +21.4% | +0.0% | +1.4% | -7.8% | +15.5% | +0.3% | +6.7% | -10.0% | +16.2% | +1.5% | -1.0% | -6.2% |
| YoY Change | — | — | — | — | +73.8% | +44.5% | +44.0% | +36.8% | +21.2% | +14.8% | +10.9% | +13.6% | +8.1% | +8.4% | +14.1% | +11.4% | +12.0% | +13.3% | +5.1% | +9.5% |