Delta Air Lines announces pre-tax income of $1.2b for Dec. quarter

Delta Air Lines has reported financial results for the December quarter and full year 2018 including both GAAP and adjusted metrics.    Adjusted pre-tax income for the December quarter 2018 was $1.2 billion driven by over $700 million of revenue growth, allowing the company to fully recapture the $508 million increase in adjusted fuel expense and produce an 11 percent adjusted pre-tax margin.  Adjusted earnings per share increased by 42 percent year over year to $1.30. For the full year, adjusted pre-tax income was $5.1 billion, a $137 million decrease…

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Delta Air Lines announces $2.4b pre-tax income for June

Delta Air Lines has reported a pre-tax income of $2.4 billion for the month of June 2016 quarter.  Adjusted pre-tax income for the June 2016 quarter was $1.7 billion, a $42 million increase over June 2015 quarter.  Adjusted net income was $1.1 billion or $1.47 per diluted share.  “The Delta people again delivered another quarter of solid profitability, superior operational performance and great customer service, continuing to strengthen our brand and our foundation for the future. As we look to the remainder of the year, the large year-on-year savings driven…

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