Loading
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]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More