Courtesy, Delta Air Lines Though Delta Air Lines’ (DL) third-quarter fuel-related expenses increased 42% year-over-year, the Atlanta-based carrier said it offset 85% of a $1 billion impact of higher fuel prices and saved $100 million in fuel spend through hedging. DL posted a net income of $549 million, up 51% year-over-year, on a 10% increase in revenues to $9.8 billion. Excluding $216 million of special items, net income was $765 million for the quarter. "We are ...

Subscribe to Access this Entire Article

"Smart hedging keeps Delta profitable in 3Q" 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.