The net profit of Delta Air Lines decreased by 0.79% for the first nine months of the year and amounted to 2.884 billion USD. The earnings per share were 4.14 USD versus 4 USD an year earlier. The airline operating profit decreased by 13.4% to 4.161 billion USD. The company’s operating revenue over the past nine months increased by 9% to 33.696 billion USD.
In the third quarter, the company’s net profit amounted to 1.312 billion USD, an increase of 13.2% compared with the third quarter of last year. The earnings per share were 1.91 USD versus 1.61 USD an year earlier. The airline operating profit declined by 9.9% to 1.642 billion USD. The company’s operating revenue in the reporting quarter for the year increased by 8% to 11.953 billion USD.
According to the company’s president, Glen Hauenstein, the company’s financial results in the quarter were influenced by high demand and an increase in bond yields. Glen Hauenstein noted that in the fourth quarter, the airline expects revenue to grow by 3-5% and an increase of the same indicator for the fiscal year by 8%.
Delta Air Lines is a major United States airline, with its headquarters and largest hub at Hartsfield–Jackson Atlanta International Airport in Atlanta, Georgia. The airline, along with its subsidiaries and regional affiliates, operates over 5,400 flights daily and serves an extensive domestic and international network that includes 319 destinations in 54 countries on six continents, as of October 2016. Delta is one of the four founding members of the SkyTeam airline alliance, and operates joint ventures with Aeroméxico, Air France-KLM, Alitalia, Korean Air, Virgin Atlantic, Virgin Australia and WestJet. The number of employees is more than 80 thousand people worldwide. The company serves about 180 million people annually.
