Delta adjusts third-quarter guidance
07-Sep-2016 Delta today provided adjusted guidance for third-quarter financials following the August outage that resulted in significant operational disruptions. Chief Financial Officer Paul Jacobson, presenting at the Cowen Global Transportation Conference, said Delta is on track to produce a solid 18-19 percent operating profit margin (compared to a prior outlook of 19-21 percent) and nearly $1.5 billion of operating cash flow, despite headwinds from operational disruption, volatile fuel prices and continued unit revenue weakness.
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