Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Delta Reports Financial and Operating Performance for April 2016

DAL

PR Newswire

ATLANTA, May 3, 2016 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial and operating performance for April 2016.

Delta Air Lines and the Delta Connection carriers offer service to nearly 370 destinations on six continents. For more information visit news.delta.com.

Consolidated passenger unit revenue (PRASM) for the month of April declined 4.0% year over year consistent with recent trends of pressure from close-in domestic yields and foreign exchange.

The company's financial and operating performance is detailed below.    

Preliminary Financial and Operating Results

 

April consolidated PRASM change year over year

(4.0)%

April mainline completion factor

99.9%

April on-time performance (preliminary DOT A14)

90.3%

Delta Air Lines serves nearly 180 million customers each year. In 2016, Delta was named to Fortune's top 50 Most Admired Companies in addition to being named the most admired airline for the fifth time in six years. Additionally, Delta has ranked No.1 in the Business Travel News Annual Airline survey for an unprecedented five consecutive years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 330 destinations in 61 countries on six continents. Headquartered in Atlanta, Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry's leading transatlantic joint venture with Air France-KLM and Alitalia as well as a joint venture with Virgin Atlantic. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. Delta has invested billions of dollars in airport facilities, global products and services, and technology to enhance the customer experience in the air and on the ground. Additional information is available on the Delta News Hub, as well as delta.com, Twitter @DeltaNewsHub, Google.com/+Delta, Facebook.com/delta and Delta's blog takingoff.delta.com.

 





Monthly Traffic Results (a)


Year to Date Traffic Results (a)



































Apr 2016


Apr 2015


Change


Apr 2016


Apr 2015


Change

















RPMs (000):















Domestic

10,741,868


10,375,148


3.5%


40,403,526


38,417,062


5.2%




Delta Mainline

8,992,285


8,628,410


4.2%


33,875,343


31,849,089


6.4%




Regional

1,749,583


1,746,738


0.2%


6,528,183


6,567,973


(0.6%)



International

6,595,735


6,506,655


1.4%


24,651,000


24,685,604


(0.1%)




Latin America

1,696,900


1,585,674


7.0%


7,374,834


6,860,252


7.5%




Delta Mainline

1,649,724


1,552,735


6.2%


7,169,454


6,731,829


6.5%




       Regional

47,176


32,939


43.2%


205,380


128,423


59.9%




Atlantic

3,124,477


3,109,806


0.5%


9,995,263


10,212,133


(2.1%)




Pacific

1,774,358


1,811,175


(2.0%)


7,280,903


7,613,219


(4.4%)



Total System

17,337,603


16,881,803


2.7%


65,054,526


63,102,666


3.1%
































ASMs (000):















Domestic

12,588,495


12,071,413


4.3%


48,423,791


45,783,660


5.8%




Delta Mainline

10,427,267


9,908,572


5.2%


40,030,610


37,324,907


7.2%




Regional

2,161,227


2,162,841


(0.1%)


8,393,181


8,458,753


(0.8%)



International

8,216,914


8,225,587


(0.1%)


30,521,428


31,110,448


(1.9%)




Latin America

2,082,960


1,968,404


5.8%


8,932,397


8,450,807


5.7%




Delta Mainline

2,022,104


1,925,706


5.0%


8,671,517


8,278,073


4.8%




       Regional

60,855


42,698


42.5%


260,881


172,734


51.0%




Atlantic

3,982,551


3,988,121


(0.1%)


13,142,495


13,471,364


(2.4%)




Pacific

2,151,403


2,269,062


(5.2%)


8,446,536


9,188,277


(8.1%)



Total System

20,805,409


20,297,000


2.5%


78,945,219


76,894,108


2.7%
































Load Factor:















Domestic

85.3%


85.9%


(0.6)

pts

83.4%


83.9%


(0.5)

pts



Delta Mainline

86.2%


87.1%


(0.9)

pts

84.6%


85.3%


(0.7)

pts



Regional

81.0%


80.8%


0.2

pts

77.8%


77.6%


0.2

pts


International

80.3%


79.1%


1.2

pts

80.8%


79.3%


1.5

pts



Latin America

81.5%


80.6%


0.9

pts

82.6%


81.2%


1.4

pts



Delta Mainline

81.6%


80.6%


1.0

pts

82.7%


81.3%


1.4

pts



       Regional

77.5%


77.1%


0.4

pts

78.7%


74.3%


4.4

pts



Atlantic

78.5%


78.0%


0.5

pts

76.1%


75.8%


0.3

pts



Pacific

82.5%


79.8%


2.7

pts

86.2%


82.9%


3.3

pts


Total System

83.3%


83.2%


0.1

pts

82.4%


82.1%


0.3

pts
















Mainline Completion Factor

99.9%


99.8%


0.1

pts






















Passengers Boarded

15,243,562


14,784,171


3.1%


57,151,363


54,788,422


4.3%
































Cargo Ton Miles (000):

159,895


179,086


(10.7%)


634,456


725,839


(12.6%)

















aResults include flights operated under contract carrier arrangements

 

Logo - http://photos.prnewswire.com/prnh/20090202/DELTALOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/delta-reports-financial-and-operating-performance-for-april-2016-300261636.html

SOURCE Delta Air Lines