Delta Airlines come up with $1.2 Billion Profit
Breaking Travel News, “At present Delta Air Lines declared financial results for the December 2011 quarter”
Delta's total-net income for the December 2011 quarter was $379 million, or $0.45 per weak share, apart from unique items (1). This is a $221 million enhancement year over year.
Delta's total-net income for 2011 was $1.2 billion, apart from unique items, as the company neutralize $3 billion higher fuel price through strong profit presentation and its fuel hedging program.
Delta's GAAP total-net income was $425 million, or $0.50 per diluted share, for the December 2011 quarter and $854 million for 2011.
2011 results comprise $264 million in income division expense, including $89 million in the December quarter, recognizing Delta employees' contributions toward meeting the company's working and monetary objectives.
Delta's adjusted total-net debt at the end of 2011 was $12.9 billion, a $4.1 billion reduction from 2009.
Revenue Environment
Delta's working income increased $610 million i.e. 8%, in the December 2011 quarter compared to the December 2010 quarter. Load factor amplified to 81.7%, with traffic down 3% on a 3.5% decline in capability
. Passenger revenue increased 8%, or $555 million, compared to the prior year period. Passenger unit revenue (PRASM) increased 12%, driven by an 11% development in yield.
Cargo revenue improved 8%, or $20 million, on higher cargo yields.
Rest revenue improved 4%, or $35 million, from higher third-party safeguarding income.
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