Get the app today! Download iPhone App Download Android App


Delta Air Lines Revenue Rises 9.5%

Published on Apr 12 2018 12:15 PM in General Industry tagged: Delta Air Lines

Delta Air Lines Revenue Rises 9.5%

US carrier Delta Air Lines Inc reported a 9.5% rise in quarterly revenue on Thursday (April 12), boosted by higher average fares and passenger traffic.

However, the company's net income fell to $547 million in the first quarter ended March 31, from $561 million a year earlier.

The No. 2 US airline by passenger traffic's earnings per share remained flat at 77 cents.

Total operating revenue for the first quarter rose to $9.97 billion from $9.10 billion and the carrier forecast total unit revenue - a key metric which compares sales with flight capacity - will increase 3% to 5% in the second quarter.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition. 

Share on Facebook Share on Twitter Share on LinkedIn Share via Email