Delta Air Lines believes it can overcome a 30% year-over-year (YOY) increase in fuel prices by growing revenue and controlling non-fuel costs in 2018, executives said. The assessment came as Atlanta-based Delta reported a 2017 net profit of $3.6 billion, down 18% from net income of $4.4 billion in 2016. Fourth-quarter net income dropped 8% YOY to $572 million. Delta pointed to a breakthrough in 2017 on unit revenue growth, reporting YOY RASM growth of 3% for the full year to 16.22 cents ...

Subscribe to Access this Entire Article

"Delta targets revenue gains to overcome expected fuel cost jump in 2018" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.