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15-Jul-2016 2:14 PM

Delta Air Lines generated USD3.2bn in operating cash flow in 2Q2016

Delta Air Lines generated (14-Jul-2016) some USD3.2 billion in GAAP operating cash flow and USD1.6 billion of free cash flow during 2Q2016, which allowed for the following investments:

  1. USD1 billion into the business, including USD880 million in fleet investments;
  2. USD135 million in pension plan contributions, completing delta's planned USD1.3 billion in pension contributions for 2016;
  3. Returned USD1.1 billion to shareholders, comprised of USD103 million of dividends and UDS1 billion in share repurchases. [more - original PR - I] [more - original PR - II]

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