Wednesday, April 24, 2013

Delta Air Lines posts small 1Q profit

In this Saturday, April 6, 2013, photo, a Delta Airlines jet flies past the company's billboard at Citi Field, in New York. Delta Air Lines Inc. reports quarterly financial results before the market opens Tuesday, April, 23, 2013. (AP Photo/Mark Lennihan)

In this Saturday, April 6, 2013, photo, a Delta Airlines jet flies past the company's billboard at Citi Field, in New York. Delta Air Lines Inc. reports quarterly financial results before the market opens Tuesday, April, 23, 2013. (AP Photo/Mark Lennihan)

(AP) ? Delta Air Lines is reporting a small first-quarter profit, as passengers paid more to fly.

The world's second-biggest airline says revenue rose even though it cut flying slightly.

Delta earned $7 million, or a penny per share. Not counting special items, it would have earned $85 million, or 10 cents per share ? better than analysts had been expecting.

Revenue rose 1 percent to $8.5 billion, matching analyst expectations.

The first three months of the year are often money-losers for airlines. Delta says this was its best first-quarter profit in more than a decade.

Yield, which is one way to measure fares, rose 2.1 percent.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-04-23-Earns-Delta%20Air%20Lines/id-4f445808fe824788b9e7a1da7fda956f

Comcast Pokemon X and Y Rob Ryan bethenny frankel sacramento kings alex jones Google Docs

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.