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Delta nearly doubles 3Q profit; expects refinery to breakeven by 4Q

Delta Air Lines (DL) posted third-quarter net income of $1.05 billion, nearly doubling the $549 million in net income earned in the year-ago quarter.

Delta Air Lines 737-900ER. Courtesy, Boeing Delta Air Lines (DL) posted third-quarter net income of $1.05 billion, nearly doubling the $549 million in net income earned in the year-ago quarter. The carrier said non-fuel costs have grown “faster than we’d prefer” in the last two quarters, but it expects production at Trainer Refinery to generate a contribution of “breakeven to $25 million” in the fourth quarter (ATW Daily News, May 2). The refinery began ...

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