Delta 4Q profit takes hit from Hurricane Sandy

Delta Air Lines Boeing 757. Courtesy, Delta Delta Air Lines reported a 2012 net income of $1.01 billion, up 18% from an $854 million net profit in 2011. Full-year revenue rose 4% to $36.67 billion on a 4% increase in expenses to $34.49 billion. Operating income rose 10% to $2.18 billion. Delta CEO Richard Anderson said that “2013 will be the really strong year for the company.” Delta’s fourth quarter was drastically impacted by Hurricane Sandy in November and ...