DL Q-2 report: profit down but revenue up

Discussion in 'Delta Air Lines' started by FrugalFlyerv2.0, Jul 13, 2017.

  1. FrugalFlyerv2.0

    FrugalFlyerv2.0 Veteran

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  2. swamt

    swamt Veteran

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    You know, it may be down from last years, but still very good numbers. Heck 338 million going towards 2017 PS. Congrats to the Delta employees!!!
     
  3. FWAAA

    FWAAA Veteran

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    Here's what's wrong with CNBC repeating a Reuters article - DL's pre-tax profit was actually UP over the second quarter of last year, not down:

    http://www.prnewswire.com/news-releases/delta-air-lines-announces-june-quarter-profit-300487652.html

    If not for the operational meltdown, DL would have earned pre-tax profit of $2 billion for the second quarter - an amazing figure.
     
  4. FrugalFlyerv2.0

    FrugalFlyerv2.0 Veteran

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    #4 FrugalFlyerv2.0, Jul 13, 2017
    Last edited: Jul 13, 2017
    Indeed, the numbers are great. I'm not denying that. Just posting a topic/story.
     
  5. FrugalFlyerv2.0

    FrugalFlyerv2.0 Veteran

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    Reuters / CNBC reported the GAAP numbers in their story as opposed to the Adjusted numbers.
     
  6. swamt

    swamt Veteran

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    Yea I know. I didn't mean for my post to seem as towards you in a negative way. The reason I posted what I posted was kinda thru-out the industry. I hate it when just because the airlines report a little less than the following year then they are not doing good, at least that's the feeling some analyst and the investors make it seem like.
    And they are great numbers. Just curious what the totals would have been without the meltdown part of the year.
    An example of our June numbers for SWA revenue passengers were up around 4.2-5.1% while the load factor stayed the exact same at 87.3% But watch when we post 2Q results, investors and analyst will not like it because the quarterly reports are starting to balance out after the huge increases for W/A going away, international flights taking affect, and the AT purchase to fully kick in. Now everything is balancing out with out that crazy uptick we've been experiencing.
     

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