How Did Delta Perform Operationally In September?

In the month of September 2016, the legacy carrier, Delta, saw its capacity increase slightly in domestic markets and shrink in international markets, in line with the company’s guidance. Further, its passenger traffic also witnessed growth at 1.4%, while passengers boarded increased by 3.1%. This was in contrast to its performance in the month of August when the two metrics deteriorated. September’s load factor, at 84.6%, was slightly down, due to the drop in demand over Atlantic routes. However, the fall in the carrier’s unit revenues was curtailed to a low 3% as opposed to -9.5% in August 2016. Delta attributes the improvement to lower capacity levels, resulting in moderation on yields. However, Delta continues to face a supply-demand imbalance in the transatlantic region, which may prevent the turnaround of unit revenues to positive this year.

Have more questions about Delta Air Lines (NYSE:DAL)? See the links below:

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• Delta’s Profits Continue To Surge As Crude Oil Prices Remain Low In 1Q’16
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