[lonestar]

FWIW

Delta Posts Higher Quarterly Net Profit
October 24, 2012


Delta Air Lines announced a higher quarterly profit on Wednesday and indicated revenue trends looked to be improving following a soft September.

Delta had net income of USD$1.05 billion for the third quarter, compared with USD$549 million a year earlier.

Results included special items, such as a USD$440 million gain tied to fuel hedges that together added up to a USD$279 million gain.

Revenue rose 1 percent to USD$9.92 billion.

Delta said unit revenue would likely rise 4 percent to 5 percent in October after a 3 percent increase in the third quarter, driven by strength in business travel. The carrier added that it expects "robust" leisure traffic for the Thanksgiving and Christmas holidays.

unlike AA losing $238,000,000.00

more at..http://news.airwise.com/story/view/1351119798.html