Delta Reports Q3 Profit Despite Major Hurricanes

By Paul Riegler on 11 October 2017
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A Delta 747 at JFK.

A Delta 747 at JFK.

Delta Air Lines announced financial results for third quarter of 2017.

While the airline showed a profit, it said that its results were hurt by Hurricane Irma.

The Atlanta-based airline reported net income of $1.18 billion, a 6% drop compared to Q3 2016. It also reported operating revenue of $11.1 billion for the quarter, a 5.5% increase from 2016.

Delta took a $120 million charge due to the negative impact from Hurricane Irma in September.

“While we faced a number of challenges this quarter, including multiple hurricanes and an earthquake in Mexico, I am proud of how Delta people responded and still delivered an outstanding performance this quarter,” said Ed Bastian, the airline’s CEO.

(Photo: Accura Media Group)

Accura News

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