Market Overview

Delta Reports Financial and Operating Performance for October 2016

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ATLANTA, Nov. 2, 2016 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial and operating performance for October 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 October declined 6.5% year over year, in-line with expectations.  The company continued to see stabilization of close-in domestic yields in October, while results were pressured by the supply-demand imbalance in the Transatlantic and a ~2 point headwind from holiday timing.

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

Preliminary Financial and Operating Results

 

October consolidated PRASM change year over year

(6.5)%

October mainline completion factor

99.4%

October on-time performance (preliminary DOT A14)

92.1%

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 312 destinations in 54 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)



































Oct 2016


Oct 2015


Change


Oct 2016


Oct 2015


Change

















RPMs (000):















Domestic

11,074,467


10,919,236


1.4%


109,672,804


106,018,825


3.4%




Delta Mainline

9,276,173


9,087,736


2.1%


92,307,797


88,564,128


4.2%




Regional

1,798,293


1,831,500


(1.8%)


17,365,007


17,454,697


(0.5%)



International

6,500,307


6,715,074


(3.2%)


71,005,238


71,667,228


(0.9%)




Latin America

1,292,562


1,293,338


(0.1%)


16,629,295


16,012,222


3.9%




  Delta Mainline

1,252,902


1,256,476


(0.3%)


16,162,738


15,680,674


3.1%




  Regional

39,660


36,862


7.6%


466,557


331,548


40.7%




Atlantic

3,389,437


3,546,296


(4.4%)


34,757,052


35,214,730


(1.3%)




Pacific

1,818,309


1,875,440


(3.0%)


19,618,890


20,440,276


(4.0%)



Total System

17,574,774


17,634,310


(0.3%)


180,678,042


177,686,053


1.7%
































ASMs (000):















Domestic

12,739,425


12,426,850


2.5%


128,913,084


123,146,459


4.7%




Delta Mainline

10,550,738


10,226,577


3.2%


107,223,561


101,538,326


5.6%




Regional

2,188,687


2,200,273


(0.5%)


21,689,524


21,608,133


0.4%



International

7,909,833


7,867,831


0.5%


84,877,941


85,713,494


(1.0%)




Latin America

1,506,192


1,564,807


(3.7%)


19,598,762


19,323,763


1.4%




  Delta Mainline

1,453,678


1,517,294


(4.2%)


19,014,575


18,901,506


0.6%




  Regional

52,514


47,513


10.5%


584,187


422,257


38.3%




Atlantic

4,285,822


4,117,636


4.1%


43,000,165


42,590,630


1.0%




Pacific

2,117,820


2,185,388


(3.1%)


22,279,014


23,799,101


(6.4%)



Total System

20,649,258


20,294,681


1.7%


213,791,025


208,859,953


2.4%
































Load Factor:















Domestic

86.9%


87.9%


(1.0)

pts

85.1%


86.1%


(1.0)

pts



Delta Mainline

87.9%


88.9%


(1.0)

pts

86.1%


87.2%


(1.1)

pts



Regional

82.2%


83.2%


(1.0)

pts

80.1%


80.8%


(0.7)

pts


International

82.2%


85.3%


(3.1)

pts

83.7%


83.6%


0.1

pts



Latin America

85.8%


82.7%


3.1

pts

84.8%


82.9%


1.9

pts



  Delta Mainline

86.2%


82.8%


3.4

pts

85.0%


83.0%


2.0

pts



  Regional

75.5%


77.6%


(2.1)

pts

79.9%


78.5%


1.4

pts



Atlantic

79.1%


86.1%


(7.0)

pts

80.8%


82.7%


(1.9)

pts



Pacific

85.9%


85.8%


0.1

pts

88.1%


85.9%


2.2

pts


Total System

85.1%


86.9%


(1.8)

pts

84.5%


85.1%


(0.6)

pts
















Mainline Completion Factor

99.4%


100.0%


(0.6)

pts






















Passengers Boarded

15,710,418


15,621,451


0.6%


154,415,389


150,780,612


2.4%
































Cargo Ton Miles (000):

181,214


192,505


(5.9%)


1,655,312


1,849,762


(10.5%)

















aResults include flights operated under contract carrier arrangements

 

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/delta-reports-financial-and-operating-performance-for-october-2016-300355675.html

SOURCE Delta Air Lines

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