Delta Reports Third Quarter Earnings

Airline's Traffic, Capacity, Load Factor Improve in Latest Quarter

By Jesse Sokolow on 16 October 2014
  • Share
Delta aircraft in New York

Delta aircraft in New York

Delta Air Lines announced financial results for the third quarter of 2014.

The Atlanta-based airline reported net income for the quarter of $1.0 billion, after one-time charges for a fleet restructuring, debt extinguishment, and employee profit-sharing.  Passenger revenue increased 6% to $9.776 billion from $9.254 billion for the three months ended September 2014 compared to the same period in 2013.

Passenger revenue per available seat mile, or Prasm, rose 2.4%.

Passenger traffic in Q3 showed a 3.7% increase and capacity was up by 3.2%.  The airline’s load factor, which represents the portion of seats filled, increased to 86.4% from 86%.

(Photo: Accura Media Group)

Accura News

Read previous post:
Aloft Columbia Downtown to Open in South Carolina

Starwood announced it will open a new Aloft property in Columbia, South Carolina in January 2016.  The Aloft Columbia Downtown...