UPDATE – Despite warning shots from some US airlines about lower results in Q3, Delta Air Lines seems to have been largely immune to any slump in air travel. The carrier reported another strong quarter, with revenues up in line with previous expectations. Domestic travel is steady, but the transatlantic and Latin America have produced a very strong summer.
Delta reported a $1.108 billion net profit for the September quarter compared to $695 million last year. Total (GAAP) revenues improved by thirteen percent to $15.488 billion, up from $13.975 billion. This was in line with the Q3 guidance of plus eleven to fourteen percent provided in July.
Active as a journalist since 1987, with a background in newspapers, magazines, and a regional news station, Richard has been covering commercial aviation on a freelance basis since late 2016.
Richard is contributing to AirInsight since December 2018. He also writes for Airliner World, Aviation News, Piloot & Vliegtuig, and Luchtvaartnieuws Magazine. Twitter: @rschuur_aero.
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