Delta Air Lines, Inc. (DAL: Quote,DALRQ.PK) reported Tuesday operational results for the month of June 2012 that saw a 0.4 percent increase in traffic and 1.8 percentage points increase in load factor, while capacity declined 1.7 percent.
The Atlanta, Georgia-based airline noted that it had strong operational performance during the month, with completion factor rising 0.6 percentage points of 99.6 percent, and on-time performance improving 7.0 percentage points to 85.5 percent. Monthly consolidated passenger unit revenue or PRASM rose 8 percent year-over-year.
The company noted that it "saw continued strength from corporate revenue, investments in products and services, capacity discipline and strong performance at LaGuardia Airport."
Delta Air Lines' total system traffic for June in terms of revenue passenger miles or RPMs edged up to 18.33 billion from 18.26 billion in the same period last year.
The airline's capacity dropped 1.7 percent to 20.82 billion available seat miles or ASMs, from 21.17 billion ASMs in the same period last year. Meanwhile, system load factor increased 1.8 percentage points to 88.1 percent from 86.3 percent a year ago.
Domestic traffic edged up 0.9 percent from last year to 10.61 billion RPMs, while domestic capacity edged down 0.5 percent from the year-ago period to 12.10 billion ASMs. Domestic load factor grew 1.2 percentage points to 87.7 percent from last year.
International traffic also edged up 0.3 percent from the prior-year period to 7.72 billion RPMs, while international capacity decreased 3.3 percent to 8.71 billion ASMs. International load factor grew 2.6 percentage points to 88.6 percent from a year ago.
For the year-to-date six-month period, total system traffic edged up 0.6 percent on a 2.2 percent decline in capacity and a 2.3 percentage points increase in load factor.
In Tuesday's regular trading session, DAL is currently trading at $10.79, down $0.33 or 2.97% on a volume of 0.19 million shares.
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by RTT Staff Writer
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