15-Dec-2011 11:07 AM
Delta forecast 15% revenue growth in FY2012; expects operating margin of 7-9% in FY2011
Delta released (14-Dec-2011) the following forecast during its investor day:
- FY2011 forecast:
- Operating margin: +7% to +9%;
- Net profit: USD800 million;
- Unit cost: USD 14.08 cents to USD 14.10 cents;
- Unit cost excl fuel and special items: USD 8.53 cents to USD 8.55 cents;
- 4Q2011 ending 31-Dec-2011:
- Operating margin: +6% to +8%;
- Capital expenditure: USD375 million;
- Total unrestricted cash: USD5300 million;
- Passenger unit revenue: +11% to +12% year-on-year;
- Consolidated unit cost: +8%;
- Consolidated unit cost excl fuel: +2%;
- Capacity: -4% to -5%;
- Domestic: -3% to -4%;
- International -4% to -5%;
- FY2012:
- Revenue: +15% when compared to 2011 forecasts;
- Unit cost excl fuel: +4% when compared to targeted level for 2011. [more - original PR]