Delta Air Lines posted a 2016 net profit of $4.4 billion, down 3% from net income of $4.5 billion in 2015, as higher labor costs drove a slight decrease in earnings. Delta’s full-year earnings report indicates the revenue environment remained sluggish in the US airline market in 2016, with the Atlanta-based carrier’s revenue dropping 3% year-over-year to $33.8 billion. Costs for 2016 fell just 1% compared to 2015 to $32.7 billion as employee salaries rose 14% to just over $10 ...

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