Delta Air Lines did very good business in 2018


Delta Air Lines today reported financial results for the December quarter and full year 2018. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated here.

Adjusted pre-tax income for the December quarter 2018 was $1.2 billion driven by over $700 million of revenue growth, allowing the company to fully recapture the $508 million increase in adjusted fuel expense and produce an 11 percent adjusted pre-tax margin. Adjusted earnings per share increased by 42 percent year over year to $1.30.

For the full year, adjusted pre-tax income was $5.1 billion, a $137 million decrease relative to 2017 as the company overcame approximately 90 percent of the $2 billion increase in fuel expense. Full year adjusted earnings per share were $5.65, up 19 percent compared to the prior year as the company recognized benefits from tax reform and a four percent lower share count.





    Leave a Reply

    Your email address will not be published. Required fields are marked *

On the same subject

Okuapemhene unveils a new tourist site

Okuapemhene unveils a new tourist site

146 vues
April 10th, 2019 0

The new museum and a tourist centre house the traditional antiquity of Akuapem’s first...

Korean Air, Air transport pionner Yang-Ho Cho passes away in Los Angeles

Korean Air, Air transport pionner Yang-Ho Cho passes away in Los Angeles

144 vues
April 8th, 2019 0

At the age of 70, Yang Ho Cho, the aviation pioneer, President and CEO...

Club Med is freewheeling

Club Med is freewheeling

256 vues
March 22nd, 2019 0

In 2018, Club Med achieved very encouraging performances according to observers, with the strongest...