Delta Air Lines expects profitable quarter in 1Q2013, operating margin of 2.5% to 3.5%

Delta Air Lines announced (02-Apr-2013) it expects to have a profitable quarter in 1Q2013, with an operating margin of 2.5% to 3.5%, an improvement from 1Q2012. 1Q2013 guidance is as follows:

• Operating margin: 2.5% to 3.5%;
• Cargo and other revenue: USD1100 million to USD1150 million;
• Average fuel price per gallon, incl taxes, settled hedges and refinery impact: USD3.23 to USD3.28;
• Profit sharing costs: USD10 million to USD15 million;
• Non-operating costs: USD225 million to USD250 million;
• Passenger unit revenue: +4.0% to +4.5%;
• Consolidated cost per ASM excl fuel and profit sharing: +5% to +6%;
• Capacity: -2% to -3%;
• Ancillary business expense: USD190 million. [more - original PR]