Delta posts second consecutive profitable month excluding reorganization items

Delta Air Lines reported a $16 million net loss in May and a net profit of $8 million excluding reorganization items compared to a $140 million loss in the year-ago month. Consolidated unit revenue rose 18.5% year-over-year to 10.77 cents. Mainline CASM increased 5.5% to 10.11 cents but dropped 2.7%...

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