Delta Air Lines revenues hit by Hurricane Irma impact

Delta Air Lines Revenues Hit By Hurricane Irma Impact

Delta Air Lines has reported adjusted pre-tax income for the September 2017 quarter of $1.7 billion, a $182 million decrease through the same period last year. 

Delta Air Lines Revenues Hit By Hurricane Irma Impact

Pre-tax income includes a $0 million reduction through the operational disruption following Hurricane Irma of which hit the Caribbean, Florida, Georgia along with, specifically, Delta’s hub in Atlanta.

Delta Air Lines Revenues Hit By Hurricane Irma Impact

“While we faced many challenges of which quarter, including multiple hurricanes along with an earthquake in Mexico, I am proud of how Delta people responded along with still delivered an outstanding performance of which quarter,” said Ed Bastian, Delta chief executive officer. 

Delta Air Lines Revenues Hit By Hurricane Irma Impact

“Having just completed the busiest summer travel season in our history, we have not bad momentum, a determined team along that has a solid pipeline of initiatives to grow earnings along with margins.”

Delta Air Lines Revenues Hit By Hurricane Irma Impact

To assist customers along with employees in affected regions, Delta operated nine humanitarian flights, added more than 12,000 additional seats to impacted cities along with shipped more than 0,000 pounds of relief supplies. 

Delta Air Lines Revenues Hit By Hurricane Irma Impact

Delta’s operating revenue of $11.1 billion for the September quarter was up 5.5 per cent, or $577 million versus prior year, despite a $140 million reduction through Hurricane Irma. 

Delta Air Lines Revenues Hit By Hurricane Irma Impact

Passenger revenue increased $328 million, including $0 million through Delta’s Branded Fares initiatives. 

Passenger unit revenues increased 1.9 per cent on 1.6 per cent higher capacity.

Cargo revenue increased 11.5 per cent, driven by higher volumes in freight along with mail. 

various other revenue increased 18.4 per cent primarily due to higher loyalty revenue along with third-party refinery sales.

“Three of four entities reported positive unit revenues, along with we see continued opportunity in business yields. 

“We expect fourth quarter unit revenues to be up two to four percent with all entities in positive territory by year end,” said Glen Hauenstein, Delta president. 

“Our commercial platform of delivering network efficiency, driving customer innovation along with improving customer choice should allow us to deliver sustained positive unit revenue, while maintaining our industry-leading revenue premium.”

Delta Air Lines revenues hit by Hurricane Irma impact

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