WorldTraveler
Corn Field
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http://finance.yahoo.com/news/delta-air-lines-announces-march-113000397.html
DL leads the industry in reporting for the 1st quarter 2014.
$99M more in profit sharing - just for the first quarter.
Domestic and Latin America revenue growth fuel profits and 5% overall revenue growth
GAAP CASM decreased.
Fuel expense down %167M despite operational loss at Trainer; average price per gallon down 20+ cents per gallon.
Asia and cargo revenues show weakness.
DL is forecasting a whopping 14-16% operating margin for the now current quarter, twice this quarter's rate.
If DL posts the same type of profit for the 3rd quarter as the 2nd, they will be heading for a $3 billion plus profit this year. Profit sharing could top $600M for the year.
DL leads the industry in reporting for the 1st quarter 2014.
$99M more in profit sharing - just for the first quarter.
Domestic and Latin America revenue growth fuel profits and 5% overall revenue growth
GAAP CASM decreased.
Fuel expense down %167M despite operational loss at Trainer; average price per gallon down 20+ cents per gallon.
Asia and cargo revenues show weakness.
DL is forecasting a whopping 14-16% operating margin for the now current quarter, twice this quarter's rate.
If DL posts the same type of profit for the 3rd quarter as the 2nd, they will be heading for a $3 billion plus profit this year. Profit sharing could top $600M for the year.