WorldTraveler
Corn Field
- Dec 5, 2003
- 21,709
- 10,662
- Banned
- #1
DLs GAAP net profit was $1.4 billion, probably one of the highest quarterly profits in the history of the US airline industry. DL beat Wall Street estimates on profit.
62% of DLs revenue came from domestic flights where its RASM grew by almost 8% and its yield by almost 9%.
Pacific yields were pressured with RASM down 4%.
Atlantic and Latin RASM were both up on increased capacity.
DLs net debt is now below $10B, the goal it set several years ago.
DL employees earned $249M in profit sharing for the quarter alone.
The following comparisons can be made to AMR, the only other network carrier to report.
DL paid 7 cents less per gallon for jet fuel on a consolidated basis than AMR. The refinery produced a small profit. UALs estimated fuel costs for the quarter are higher than what AMR reported.
DL has a 6% mainline CASM advantage and a 3% consolidated CASM advantage over AA.
DL has a 3% consolidated yield advantage over AA.
In pre-market trading on the NYSE, DL stock is clocking gains around 4%.
62% of DLs revenue came from domestic flights where its RASM grew by almost 8% and its yield by almost 9%.
Pacific yields were pressured with RASM down 4%.
Atlantic and Latin RASM were both up on increased capacity.
DLs net debt is now below $10B, the goal it set several years ago.
DL employees earned $249M in profit sharing for the quarter alone.
The following comparisons can be made to AMR, the only other network carrier to report.
DL paid 7 cents less per gallon for jet fuel on a consolidated basis than AMR. The refinery produced a small profit. UALs estimated fuel costs for the quarter are higher than what AMR reported.
DL has a 6% mainline CASM advantage and a 3% consolidated CASM advantage over AA.
DL has a 3% consolidated yield advantage over AA.
In pre-market trading on the NYSE, DL stock is clocking gains around 4%.