logo
Plus   Neg
Share
Email

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

Delta Air Lines, Inc. (DAL) 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.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The Boeing Company (BA) reported that its first-quarter core earnings per share increased to $3.64 from $2.17, prior year, reflecting strong performance across the company. Core operating earnings improved 35% year-over-year to $2.51 billion from $1.86 billion, previous year. GAAP earnings from operations increased 30% to $2.88 billion. Net earnings improved 57% year-over-year to $2.48 billion. Earnings per share was $4.15 compared to $2.54. Operating cash flow was $3.1 billion for the quarter. Micro-blogging site Twitter Inc. on Wednesday reported a turnaround to profit in the first quarter on strong double-digit revenue growth. This is the company's second quarterly profit. Both revenue and adjusted earnings per share beat analysts' estimates. Twitter's average monthly active users or MAU figure rose 3 percent year-over-year and also increased from the preceding quarter. Shares of Credit Suisse Group AG were gaining around 4 percent in Swiss trading after the banking giant reported Wednesday higher profit in its first quarter, despite lower net interest income. The company said it had planned 2018 to be a year of acceleration in its performance in its 12-quarter restructuring program.
Follow RTT