Delta reported earnings Friday, perhaps providing an indication that airlines could be entering a strong earnings period.

If investors were questioning whether airline stocks could keep rallying, Delta Air Lines has provided an emphatic answer. The carrier’s fourth-quarter earnings and positive outlook for 2025 gave the sector’s stocks permission to take off again early Friday.

Delta Air Lines Inc.’s stock jumped 3.4% in premarket trade Friday, after the carrier beat fourth-quarter profit and revenue estimates and forecast a strong 2025 driven by demand for premium travel.

Delta Air Lines on Friday reported fourth-quarter fiscal 2024 revenue and adjusted earnings that topped analysts' estimates.

Delta Air Lines expects a strong appetite for high-end travel to fuel profit in 2025, said Chief Executive Ed Bastian. The forecast comes as the airline posted better-than-expected revenue growth in the latest quarter as demand picked up.

Delta Air Lines Inc. shares jumped after the carrier’s profit beat Wall Street’s estimates for the final months of 2024, buoyed by gains in both the US market and overseas. The company doesn’t expect the momentum to slow in the new year.