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Delta's 2011 profit rises 44% on strong revenue growth

Delta Air Lines (DL) reported 2011 net income of $854 million, up 44% over a net profit of $593 million in 2010.

Delta Air Lines 737-800. By Rob Finlayson Delta Air Lines (DL) reported 2011 net income of $854 million, up 44% over a net profit of $593 million in 2010. Annual revenue rose 11% year-over-year to $35.12 billion while expenses heightened 12% to $33.14 billion, producing an operating profit of $1.98 billion, down 11%. DL "fully covered our fuel cost increase with higher revenues," president Ed Bastian said in a statement. "Our revenue momentum has continued into 2012, ...

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