Delta Air Lines consolidated 3Q2009 revenue up 32%

Delta Air Lines revenue up 32% - consolidated financial highlights for the three months ended 30-Sep-2009:

• Revenue: USD7,574 million, +32% year-on-year;
• Costs: USD7,370 million, +32%;
  • Fuel: USD1,973 million, +1%;
  • Labour: USD1,894 million, +74%;
• Operating profit: USD204 million, +56%;
• Net profit (loss): (USD161 million), compared to a loss of USD50 million in the previous corresponding period;
• Passenger traffic (RPMs): -3.2%;
• Passenger load factor: 85.8%, +1.1 ppt;
• Passenger yield: USD 12.22 cents, -19.1%;
• Passenger revenue per ASM: USD 10.48 cents, -18.1%;
• Cost per ASM: USD 11.56 cents, -19.2%;
  • Mainline: USD 10.54 cents, -19.7%;
• Cost per ASM ex-fuel and special items: USD 7.82 cents, +2%;
  • Mainline: USD 6.94 cents, +2%. [more]

Delta: "The global recession drove a significant revenue decline for the quarter, but we see improving trends in load factors, yield and business traffic. We will continue to exercise capacity restraint, coupled with strong cost control to effectively manage this," Edward Bastian, President. Source: Delta, 22-Oct-2009.