Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Delta Air Lines March Traffic, Load Factor Edges Up, But Capacity Drops

RELATED NEWS
Trade DAL now with 

Delta Air Lines, Inc. (DAL: Quote) reported Tuesday operational results for the month of March 2013 that saw a 0.1 percent increase in traffic and a 0.6 percentage points growth in load factor, while capacity edged down 0.6 percent.

The Atlanta, Georgia-based airline reported a solid operational performance during the month, with completion factor of 99.3 percent, and 84.9 percent of flights arriving on-time.

Monthly consolidated passenger unit revenue or PRASM rose 2 percent year-over-year, driven by improved trans-Atlantic and Latin performance, partially offset in the Pacific by the impact of a weakening yen.

Delta Air Lines' total system traffic for March in terms of revenue passenger miles or RPMs was up 0.1 percent to 16.47 billion from 16.46 billion in the same period last year.

The airline's capacity dropped 0.6 percent to 19.44 billion available seat miles or ASMs, from 19.57 billion ASMs in the same period last year. Meanwhile, system load factor increased 0.6 percentage points to 84.7 percent from 84.1 percent a year ago.

Domestic traffic edged down 0.1 percent from last year to 10.11 billion RPMs, while domestic capacity increased 1.6 percent from the year-ago period to 11.90 billion ASMs. Domestic load factor was also down 1.4 percentage points to 84.9 percent from last year.

International traffic edged up 0.4 percent from the prior-year period to 6.37 billion RPMs, while international capacity decreased 3.9 percent to 7.54 billion ASMs. However, international load factor grew 3.7 percentage points to 84.5 percent from a year ago.

For the year-to-date period, total system traffic edged down 0.6 percent on a 2.6 percent drop in capacity and a 1.5 percentage points increase in load factor.

In Tuesday's regular trading session, DAL is currently trading at $15.40, down $0.85 or 5.23% on a volume of 1.62 million shares.

Register
To receive FREE breaking news email alerts for Delta Air Lines Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Nike Inc., the world's largest athletic shoes and apparel maker, said Thursday after the markets closed that its second quarter profit rose 23% from last year, helped by higher revenue and improved gross margin. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. Citing extreme fluctuation of the ruble, Apple Inc. (AAPL) has reportedly discontinued its online sales of products in Russia. Despite efforts of the Russian central bank, the ruble has been spiraling downward, with oil prices plunging to historic levels. The ruble shed around 19 percent on Wednesday.... General Motors said it has halted the delivery of cars to dealerships in Russia as it strives to overcome the business risks stemming from the collapse of the ruble.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.