Delta Air Lines reported a 2013 net profit of $10.54 billion, a significant increase over net income of $1.01 billion in 2012, as revenue rose 3% year-over-year to $37.77 billion. Though the full-year net earnings are quite impressive, the results do include an $8 billion non-cash gain “associated with the reversal of the company’s tax valuation allowance,” Delta said. Excluding special items, the full-year net profit was $2.7 billion. Operating income for the full year was ...

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