3-Apr-2013 2:50 PM

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]