Delta Air Lines updates 1Q2016 guidance

Delta Air Lines updated (04-Apr-2016) the following guidance for 1Q2016:

• Operating margin: 18%-19%;
• Cargo and other revenue: USD1.5 billion;
• Average fuel price per gallon: USD1.33 to USD1.37;
• Profit sharing expense: USD260 million to USD270 million;
• Non-operating costs: USD140 million to USD150 million;
• Passenger revenue per ASM: -4.5% year-on-year;
• Cost per AS excl fuel and certain other expenses: +4.5% to +5.0%;
• Capacity: +2.7%. [more - original PR]