21-May-2012 1:43 PM

Delta Air Lines expects 7% unit revenue increase in May-2012

Delta Air Lines stated (17-May-2012) it is estimating a 7.0% year-on-year increase in passenger unit revenue in May-2012, following growth of 11.0% in Apr-2012, 13.0% in Mar-2012, 13.0% in Feb-2012 and 14.5% in Jan-2012. Revenue growth has been driven by corporate contract gains, the benefit of product investment and a "continued solid demand environment". Meanwhile, year-to-date corporate booked revenues are up 12% despite a 3% capacity reduction. [more - original PR]