Delta Reports Financial and Operating Performance for December 2016

airbus-firther-integrates

ATLANTA, Jan. 4, 2017 Delta Air Lines (NYSE: DAL) today reported financial and operating performance for December 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 December was flat year over year, driven by strong demand trends and improving close-in domestic yields as Delta’s capacity actions and revenue management strategies continue to benefit results.

In an Investor Update issued this morning, Delta announced that it now expects unit revenue to decline 2.5-3.0% for the December quarter given the better than expected result for the month of December.

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

Preliminary Financial and Operating Results

December consolidated PRASM change year over year

Flat

December mainline completion factor

99.8%

December on-time performance (preliminary DOT A14)

81.4%

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 six consecutive years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 323 destinations in 57 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)

 
               
               
   

Dec 2016

 

Dec 2015

 

Change

 

Dec 2016

 

Dec 2015

 

Change

 
               

RPMs (000):

             
 

Domestic

10,636,872

 

10,195,541

 

4.3%

 

130,780,386

 

126,298,054

 

3.5%

 
  

Delta Mainline

8,870,856

 

8,499,784

 

4.4%

 

109,948,769

 

105,455,123

 

4.3%

 
  

Regional

1,766,016

 

1,695,757

 

4.1%

 

20,831,617

 

20,842,931

 

(0.1%)

 
 

International

6,163,170

 

6,183,709

 

(0.3%)

 

82,308,456

 

83,327,226

 

(1.2%)

 
  

Latin America

1,837,398

 

1,691,067

 

8.7%

 

19,777,850

 

19,004,253

 

4.1%

 
  

Delta Mainline

1,795,684

 

1,644,213

 

9.2%

 

19,231,852

 

18,587,261

 

3.5%

 
  

Regional

41,715

 

46,854

 

(11.0%)

 

545,998

 

416,992

 

30.9%

 
  

Atlantic

2,656,911

 

2,687,898

 

(1.2%)

 

39,748,409

 

40,437,285

 

(1.7%)

 
  

Pacific

1,668,861

 

1,804,744

 

(7.5%)

 

22,782,196

 

23,885,688

 

(4.6%)

 
 

Total System

16,800,042

 

16,379,250

 

2.6%

 

213,088,842

 

209,625,280

 

1.7%

 
               
               

ASMs (000):

             
 

Domestic

12,385,749

 

11,980,819

 

3.4%

 

153,337,821

 

146,899,201

 

4.4%

 
  

Delta Mainline

10,235,778

 

9,882,013

 

3.6%

 

127,433,151

 

121,094,946

 

5.2%

 
  

Regional

2,149,971

 

2,098,806

 

2.4%

 

25,904,671

 

25,804,255

 

0.4%

 
 

International

7,312,212

 

7,422,953

 

(1.5%)

 

98,517,727

 

99,864,587

 

(1.3%)

 
  

Latin America

2,182,224

 

2,052,160

 

6.3%

 

23,296,894

 

22,966,274

 

1.4%

 
  

Delta Mainline

2,127,823

 

1,992,912

 

6.8%

 

22,607,753

 

22,435,424

 

0.8%

 
  

Regional

54,402

 

59,248

 

(8.2%)

 

689,141

 

530,850

 

29.8%

 
  

Atlantic

3,203,215

 

3,293,342

 

(2.7%)

 

49,249,067

 

49,095,568

 

0.3%

 
  

Pacific

1,926,773

 

2,077,451

 

(7.3%)

 

25,971,766

 

27,802,745

 

(6.6%)

 
 

Total System

19,697,961

 

19,403,772

 

1.5%

 

251,855,548

 

246,763,788

 

2.1%

 
               
               

Load Factor:

             
 

Domestic

85.9%

 

85.1%

 

0.8

pts

85.3%

 

86.0%

 

(0.7)

pts

  

Delta Mainline

86.7%

 

86.0%

 

0.7

pts

86.3%

 

87.1%

 

(0.8)

pts

  

Regional

82.1%

 

80.8%

 

1.3

pts

80.4%

 

80.8%

 

(0.4)

pts

 

International

84.3%

 

83.3%

 

1.0

pts

83.5%

 

83.4%

 

0.1

pts

  

Latin America

84.2%

 

82.4%

 

1.8

pts

84.9%

 

82.7%

 

2.2

pts

  

Delta Mainline

84.4%

 

82.5%

 

1.9

pts

85.1%

 

82.8%

 

2.3

pts

  

Regional

76.7%

 

79.1%

 

(2.4)

pts

79.2%

 

78.6%

 

0.6

pts

  

Atlantic

82.9%

 

81.6%

 

1.3

pts

80.7%

 

82.4%

 

(1.7)

pts

  

Pacific

86.6%

 

86.9%

 

(0.3)

pts

87.7%

 

85.9%

 

1.8

pts

 

Total System

85.3%

 

84.4%

 

0.9

pts

84.6%

 

84.9%

 

(0.3)

pts

               

Mainline Completion Factor

99.8%

 

99.8%

 

0.0

pts

      
               

Passengers Boarded

14,662,236

 

14,256,852

 

2.8%

 

183,741,787

 

179,394,417

 

2.4%

 
               
               

Cargo Ton Miles (000):

164,988

 

170,956

 

(3.5%)

 

1,980,210

 

2,192,785

 

(9.7%)

 
               

aResults include flights operated under contract carrier arrangements

         

 

SOURCE Delta Air Lines

Be the first to comment on "Delta Reports Financial and Operating Performance for December 2016"

Leave a comment

Your email address will not be published.


*