Delta Air Lines (NYSE: DAL) today reported financial and operating performance for June 2014.
Delta Air Lines and the Delta Connection carriers offer service to nearly 370 destinations on six continents. For more information visit news.delta.com
Consolidated passenger unit revenue (PRASM) for the month of June increased 4.5 percent year over year as continued corporate and domestic strength offset lower than expected international yields driven by industry-wide capacity increases and lower business demand to Latin America due to the World Cup. For the June quarter, unit revenues increased 6 percent, in line with initial guidance given in late April.
Delta’s solid operating performance continued through June, with a monthly completion factor of 99.9 percent and an on-time arrival rate of 80.8 percent.
The company’s financial and operating performance is detailed below.
Preliminary Financial and Operating Results
June consolidated PRASM change year over year
Projected June quarter fuel price per gallon, adjusted
$2.93 – $2.98
June mainline completion factor
June on-time performance (preliminary DOT A14)
Note: Fuel price includes taxes, transportation, settled hedges, hedge premiums and refinery impact, but excludes mark to market adjustments on open hedges.
Source / Author: Delta Air Lines