Delta Airlines reports positive financial results

Published on : Wednesday, December 4, 2013

America’s leading airline company, Delta Airlines, on Tuesday reported financial and operating performance for November 2013.
Consolidated passenger unit revenue (PRASM) for the month of November decreased three per cent year-over-year driven by the calendar placement of the Thanksgiving holiday, which added an extra week of off-peak travel in the month and shifted Thanksgiving return traffic into December.
Overall demand for Thanksgiving travel was especially strong, with more than 2.6 million passengers travelling over the holiday period. With the Thanksgiving travel shift and solid bookings for the remainder of the year, Delta is currently forecasting its unit revenues to increase by seven to nine per cent year-on-year for the month of December.
Delta completed 99.9 per cent of its flights in November and ran an on-time arrival rate of 88.3 per cent. The company’s financial and operating performance is detailed below.
Preliminary Financial and Operating Results:
November consolidated PRASM change year-over-year (three per cent)
Projected December quarter fuel price per gallon, adjusted ($3.03 – $3.08)
November mainline completion factor (99.9 per cent).
November on-time performance (preliminary DOT A14) 88.3 per cent.
Fuel price includes taxes, transportation, settled hedges, hedge premiums and refinery impact, but excludes mark to market adjustments on open hedges.

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