Delta Air Lines reported first-quarter net income of $213 million, up $206 million from a net profit of $7 million in the year-ago period. Revenue increased 5% year-over-year to $8.9 billion. Delta’s quarterly net profit was affected by $68 million in special charges for domestic fleet restructuring ($31 million), losses on extinguishment of debt ($16 million) and $21 million in mark-to-market adjustments on fuel hedges. Absent special items, the carrier recorded a first-quarter net ...

Subscribe to Access this Entire Article

"Delta Air Lines posts $213 million 1Q net profit" 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?

Already registered? here.