January 11, 2018 / 12:00 PM / 9 days ago

Delta Air Lines quarterly profit falls 8 pct

Jan 11 (Reuters) - Delta Air Lines Inc on Thursday reported an 8 percent drop in its fourth-quarter profit and forecast total unit revenue, a closely watched performance metric, to increase 2.5-4.5 percent in the first quarter of 2018.

The U.S. No. 2 carrier’s net income fell to $572 million, or 80 cents per share, in the quarter ended Dec. 31, from $622 million, or 84 cents per share, a year earlier.

On an adjusted basis, Delta earned 96 cents per share.

Total operating revenue rose 8.3 percent to $10.25 billion. (Reporting by Alana Wise in New York and Ankit Ajmera in Bengaluru; Editing by Bill Rigby and Arun Koyyur)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below