Market Overview

Delta Reports Financial and Operating Performance for August 2016

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ATLANTA, Sept. 2, 2016 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial and operating performance for August 2016.

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 August declined 9.5% year over year, as the company continues to see pressure from close-in domestic yield weakness, the ongoing supply-demand imbalance in the Transatlantic, and headwinds from its Yen hedge positions.  

In addition, the outage Delta suffered in August resulted in 2,300 cancelled flights over a three day period. The outage and subsequent operational recovery efforts negatively impacted August revenue by approximately $100 million or 2 points of PRASM.

"We are grateful to our customers for continuing to rely on Delta for the superior customer service and operational performance you've come to expect from us," said Ed Bastian, CEO – Delta Air Lines. "Our recovery effort exemplified the hard work and determination of Delta people worldwide, and all 80,000 remain dedicated to regaining your trust."

The company's financial and operating performance is detailed below.    

Preliminary Financial and Operating Results


August consolidated PRASM change year over year

(9.5)%

August mainline completion factor

98.0%

August on-time performance (preliminary DOT A14)

79.9%

Delta Air Lines serves nearly 180 million customers each year. In 2016, Delta was named to Fortune's top 50 Most Admired Companies in addition to being named the most admired airline for the fifth time in six years. Additionally, Delta has ranked No.1 in the Business Travel News Annual Airline survey for an unprecedented five consecutive years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 321 destinations in 56 countries on six continents. Headquartered in Atlanta, Delta employs more than 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry's leading transatlantic joint venture with Air France-KLM and Alitalia as well as a joint venture with Virgin Atlantic. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. Delta has invested billions of dollars in airport facilities, global products and services, and technology to enhance the customer experience in the air and on the ground. Additional information is available on the Delta News Hub, as well as delta.com, Twitter @DeltaNewsHub, Google.com/+Delta, and Facebook.com/delta.

 




Monthly Traffic Results (a)


Year to Date Traffic Results (a)



































Aug 2016


Aug 2015


Change


Aug 2016


Aug 2015


Change

















RPMs (000):














Domestic

11,833,254


12,013,759


(1.5%)


88,105,510


85,066,156


3.6%




Delta Mainline

10,016,538


10,131,423


(1.1%)


74,227,920


71,092,608


4.4%




Regional

1,816,715


1,882,336


(3.5%)


13,877,589


13,973,548


(0.7%)



International

8,389,918


8,801,722


(4.7%)


57,400,260


57,630,450


(0.4%)




Latin America

1,669,296


1,718,523


(2.9%)


14,138,250


13,521,697


4.6%




  Delta Mainline

1,626,144


1,682,685


(3.4%)


13,748,895


13,262,662


3.7%




  Regional

43,152


35,838


20.4%


389,355


259,035


50.3%




Atlantic

4,496,377


4,648,008


(3.3%)


27,472,919


27,623,385


(0.5%)




Pacific

2,224,244


2,435,191


(8.7%)


15,789,092


16,485,368


(4.2%)



Total System

20,223,172


20,815,481


(2.8%)


145,505,770


142,696,606


2.0%
































ASMs (000):














Domestic

14,183,486


13,819,205


2.6%


103,859,092


98,894,343


5.0%




Delta Mainline

11,895,479


11,533,073


3.1%


86,463,970


81,554,392


6.0%




Regional

2,288,007


2,286,132


0.1%


17,395,122


17,339,951


0.3%



International

9,767,853


10,012,009


(2.4%)


68,486,233


69,243,349


(1.1%)




Latin America

1,928,119


1,994,307


(3.3%)


16,680,093


16,285,242


2.4%




  Delta Mainline

1,875,862


1,951,975


(3.9%)


16,198,120


15,955,921


1.5%




  Regional

52,257


42,332


23.4%


481,974


329,321


46.4%




Atlantic

5,427,196


5,341,957


1.6%


33,940,703


33,793,513


0.4%




Pacific

2,412,538


2,675,745


(9.8%)


17,865,437


19,164,594


(6.8%)



Total System

23,951,339


23,831,214


0.5%


172,345,325


168,137,692


2.5%
































Load Factor:














Domestic

83.4%


86.9%


(3.5)

pts

84.8%


86.0%


(1.2)

pts



Delta Mainline

84.2%


87.8%


(3.6)

pts

85.8%


87.2%


(1.4)

pts



Regional

79.4%


82.3%


(2.9)

pts

79.8%


80.6%


(0.8)

pts


International

85.9%


87.9%


(2.0)

pts

83.8%


83.2%


0.6

pts



Latin America

86.6%


86.2%


0.4

pts

84.8%


83.0%


1.8

pts



  Delta Mainline

86.7%


86.2%


0.5

pts

84.9%


83.1%


1.8

pts



  Regional

82.6%


84.7%


(2.1)

pts

80.8%


78.7%


2.1

pts



Atlantic

82.8%


87.0%


(4.2)

pts

80.9%


81.7%


(0.8)

pts



Pacific

92.2%


91.0%


1.2

pts

88.4%


86.0%


2.4

pts


Total System

84.4%


87.3%


(2.9)

pts

84.4%


84.9%


(0.5)

pts
















Mainline Completion Factor

98.0%


99.8%


(1.8)

pts






















Passengers Boarded

16,340,426


16,856,971


(3.1%)


123,713,175


120,611,324


2.6%
































Cargo Ton Miles (000):

162,968


186,828


(12.8%)


1,303,064


1,472,525


(11.5%)

















aResults include flights operated under contract carrier arrangements

 

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SOURCE Delta Air Lines

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