Delta Air Lines reported a third-quarter 2016 net profit of $1.26 billion, down 4% from net income of $1.32 billion in the 2015 September quarter, as revenue dropped 6% year-over-year to $10.48 billion. Delta CEO Ed Bastian told analysts and reporters in an Oct. 13 conference call that US airlines are experiencing the “weakest revenue environment in recent memory.” In addition to the revenue issues in the general environment, Delta took a $100 million revenue hit in the quarter ...

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