Delta Air Lines announces 2019 pre-tax income of $6.2b

Delta Air Lines has reported financial results for the December quarter and full year 2019 and provided its outlook for the March quarter 2020. December Quarter Financial Highlights include: Adjusted earnings per share of $1.70, a 31 percent increase year over year; above guidance of $1.20 to $1.50 on stronger revenue, lower fuel and a nine-cent net gain related to the unwinding of the GOL relationship • Total revenue grew to $11.4 billion, up 7 percent over prior year when prior year period is adjusted for sale of DAL Global…

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Delta Air Lines announces September Quarter profit of $1.6b adjusted pre-tax income

Delta Air Lines has reported financial results for the September quarter 2018. Highlights of the results include $1.6 billion adjusted pre-tax income for the September quarter 2018 and adjusted earnings per share of $1.80, at the high end of guidance. Adjusted earnings per share were up 16 percent compared to the prior year quarter, driven by revenue momentum, tax reform benefits and a four percent lower share count.  Results reflect a $30 million negative impact from Hurricane Florence.   “Our solid eight percent revenue growth, combined with flat non-fuel unit…

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