Products & Services · Liabilities and deferred revenue

Air traffic liability — Liabilities and deferred revenue

Delta Air Lines Air traffic liability — Liabilities and deferred revenue remained flat by 0.0% to $15.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 26.0%, from $12.50M to $15.75M. Over 4 years (FY 2021 to FY 2025), Air traffic liability — Liabilities and deferred revenue shows a downward trend with a -56.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2025

How to read this metric

An increase suggests strong future demand and higher advance bookings, while a decrease may indicate slowing demand or a seasonal shift in travel patterns.

Detailed definition

This metric represents the balance of advance ticket sales and other passenger-related obligations for which the airline...

Peer comparison

This is a standard industry metric for airlines, often referred to as Air Traffic Liability or Unearned Passenger Revenue, and is comparable across all major commercial carriers.

Metric ID: dal_segment_air_traffic_liability_liabilities_and_deferred_revenue

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$1.81B$1.90B-$1.22B$50.00M$63.00M
YoY Change+4.9%-163.9%+104.1%+26.0%
Range-$1.22B$1.90B
CAGR-56.8%
Avg YoY Growth-7.2%
Median YoY Growth+15.4%
Current Streak2 years growth

Frequently Asked Questions

What is Delta Air Lines's air traffic liability — liabilities and deferred revenue?
Delta Air Lines (DAL) reported air traffic liability — liabilities and deferred revenue of $15.75M in Q4 2025.
How has Delta Air Lines's air traffic liability — liabilities and deferred revenue changed year-over-year?
Delta Air Lines's air traffic liability — liabilities and deferred revenue increased by 26.0% year-over-year, from $12.50M to $15.75M.
What is the long-term trend for Delta Air Lines's air traffic liability — liabilities and deferred revenue?
Over 4 years (2021 to 2025), Delta Air Lines's air traffic liability — liabilities and deferred revenue has grown at a -56.8% compound annual growth rate (CAGR), from $1.81B to $63.00M.
What does air traffic liability — liabilities and deferred revenue mean?
The total amount of money collected from passengers for flights that have not yet been flown.