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Delta Reports Operating Performance for September 2017

Direct News Source

03-Oct-2017 Delta Air Lines (NYSE: DAL) today reported operating performance for September 2017. The company carried 14.7 million passengers across our broad global network in the month.

During the month, Hurricanes Irma and Maria impacted operations across the Caribbean and Southeastern United States. Hurricane Irma significantly impacted operations with 2,200 flights cancelled from September 7-12 at airports in Florida, the Caribbean, and Georgia, including the company's Atlanta hub.

Over the course of the month, Delta took the following action to assist customers impacted by the storms:

  • Added 12,000 additional seats departing Florida and Caribbean markets to assist evacuation efforts related to Hurricane Irma.
  • Capped fares for flights to and from hurricane-affected areas before, during and after the storm for itineraries throughout the continental United States.
  • Provided waivers for customers transiting more than 40 destinations where flights were affected by hurricanes and suspended baggage and pet-in-cabin fees for customers traveling to or from impacted cities.
  • Contributed an additional $1.75 million specific to hurricane relief to the American Red Cross, the International Federation of Red Cross and Red Crescent Society (IFRC) and British, Dutch and French Red Cross organizations.

In an Investor Update issued this morning, Delta announced that it expects its operating margin to be 15.5%-16.5%1. Hurricane Irma negatively impacted results by approximately $120 million which translates to approximately one point of margin.

The company's operating performance is detailed in the table below.

Delta Air Lines serves more than 180 million customers each year. In 2017, Delta was named to Fortune's top 50 Most Admired Companies in addition to being named the most admired airline for the sixth time in seven years. Additionally, Delta has ranked No.1 in the Business Travel News Annual Airline survey for an unprecedented six consecutive years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 311 destinations in 54 countries on six continents. Headquartered in Atlanta, Delta employs more than 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry's leading transatlantic joint venture with Air France-KLM and Alitalia as well as a joint venture with Virgin Atlantic. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Mexico City, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, Seattle, Seoul, and Tokyo-Narita. Delta has invested billions of dollars in airport facilities, global products and services, and technology to enhance the customer experience in the air and on the ground. Additional information is available on the Delta News Hub, as well as delta.com, Twitter @DeltaNewsHub, Google.com/+Delta, and Facebook.com/delta.

Monthly Traffic Results (a)

Year to Date Traffic Results (a)

Sep 2017

Sep 2016

Change

Sep 2017

Sep 2016

Change

RPMs (000):

Domestic

10,526,699

10,492,829

0.3%

101,862,838

98,608,152

3.3%

Delta Mainline

8,920,552

8,803,704

1.3%

86,419,931

83,035,495

4.1%

Regional

1,606,147

1,689,125

(4.9%)

15,442,906

15,572,657

(0.8%)

International

7,127,900

7,104,670

0.3%

64,669,919

64,504,441

0.3%

Latin America

1,212,585

1,198,938

1.1%

16,044,458

15,347,022

4.5%

Delta Mainline

1,194,474

1,161,396

2.8%

15,738,017

14,919,893

5.5%

Regional

18,111

37,542

(51.8%)

306,441

427,129

(28.3%)

Atlantic

4,144,444

3,894,243

6.4%

32,836,381

31,358,414

4.7%

Pacific

1,770,871

2,011,489

(12.0%)

15,789,080

17,799,005

(11.3%)

Total System

17,654,599

17,597,499

0.3%

166,532,757

163,112,593

2.1%

ASMs (000):

Domestic

12,591,574

12,314,577

2.2%

118,913,689

116,184,487

2.3%

Delta Mainline

10,579,237

10,208,864

3.6%

99,646,553

96,679,003

3.1%

Regional

2,012,338

2,105,713

(4.4%)

19,267,136

19,505,484

(1.2%)

International

8,331,622

8,481,876

(1.8%)

75,349,779

76,968,001

(2.1%)

Latin America

1,428,763

1,412,213

1.2%

18,389,390

18,102,457

1.6%

Delta Mainline

1,404,305

1,362,514

3.1%

17,997,091

17,570,715

2.4%

Regional

24,457

49,699

(50.8%)

392,299

531,742

(26.2%)

Atlantic

4,829,936

4,773,905

1.2%

38,706,415

38,706,024

0.0%

Pacific

2,072,923

2,295,758

(9.7%)

18,253,974

20,159,520

(9.5%)

Total System

20,923,196

20,796,453

0.6%

194,263,468

193,152,488

0.6%

Load Factor:

Domestic

83.6%

85.2%

(1.6) Pts

85.7%

84.9%

0.8 Pts

Delta Mainline

84.3%

86.2%

(1.9) Pts

86.7%

85.9%

0.8 Pts

Regional

79.8%

80.2%

(0.4) Pts

80.2%

79.8%

0.4 Pts

International

85.6%

83.8%

1.8 Pts

85.8%

83.8%

2.0 Pts

Latin America

84.9%

84.9%

0.0 Pts

87.2%

84.8%

2.4 Pts

Delta Mainline

85.1%

85.2%

(0.1) Pts

87.4%

84.9%

2.5 Pts

Regional

74.1%

75.5%

(1.4) Pts

78.1%

80.3%

(2.2) Pts

Atlantic

85.8%

81.6%

4.2 Pts

84.8%

81.0%

3.8 Pts

Pacific

85.4%

87.6%

(2.2) Pts

86.5%

88.3%

(1.8) Pts

Total System

84.4%

84.6%

(0.2) Pts

85.7%

84.4%

1.3 Pts

Mainline Completion Factor

97.9%

99.9%

(2.0) Pts

Mainline On-time Performance

88.7%

90.2%

(1.5) Pts

(preliminary DOT A14)

Passengers Boarded

14,652,094

14,991,797

(2.3%)

140,946,044

138,716,755

1.6%

Cargo Ton Miles (000):

187,231

171,112

9.4%

1,609,400

1,473,263

9.2%

aResults include flights operated under contract carrier arrangements