Unit price

thank you for posting this which confirms what I have said....

"Profit sharing expense had the highest growth cost. It increased 54% to $384 million. The year-to-date (or YTD) profit sharing expense was $823 million. Delta expects that this expense will be $1,000 million for 2014. According to the company, this is the highest profit sharing expense in its history. It represents 15% of the pay.

"Other than profit sharing expenses, Delta’s unit cost growth was also a result of higher special charges..."

"Delta managed to keep the growth in unit cost—excluding fuel, profit sharing, and special items—below 2% for the fifth consecutive quarter"

backing up to the previous section of that report

"The Pacific region has been underperforming due to weakness in the Japanese yen and competitive capacity in the market. All major airlines—including Delta (DAL), United (UAL), American (AAL), Southwest (LUV), and JetBlue (or JBLU)—have to continuously adjust their capacity to meet changing demand in their domestic and international markets in order to remain profitable."

"Reduce capacity – Delta plans to reduce capacity in the Pacific region to better match the region’s demand. Management states that the region’s capacity will decline in the high single digits—including a 25%–30% reduction in low-yielding intra-Asia capacity."

"In 3Q14, Delta recorded an expense of $397 million related to the retirement of the 747 fleet as part of the Pacific restructuring. Management expects the retirement of 747 aircraft to improve the Pacific region’s profitability by $100 million in 2015."