Delta Air Lines posted a 2019 third-quarter adjusted net profit of $1.5 billion, up 21.5% from $1.2 billion in the year-ago quarter. Adjusted operating revenue was $12.6 billion, up 6.5% from $11.8 billion in the 2018 third quarter. While these figures were in line with analyst consensus, Delta raised its estimate for 4Q ex-fuel CASM to between 4%-5%, on higher anticipated costs related to increased passenger volumes, revised actuarial assumptions and a 4% nonpilot pay raise. The ...

Subscribe to Access this Entire Article

"Delta reports solid 3Q net profit, revenue; anticipates higher costs" 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.

Already registered? here.