Delta Air Lines reported a second-quarter net profit of $1.49 billion, up 85% over net income of $801 million in the 2014 June quarter, as it kept costs in check in a disappointing revenue environment. Second-quarter revenue rose just 1% year-over-year to $10.71 billion and PRASM declined 5% to 14.29 cents. President Ed Bastian said, “We continue to project flat system capacity growth for the fourth quarter of 2015—a level in line with current demand expectations which should ...

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