Delta Reports Operating Performance for November 2018
Wednesday, December 5th, 2018
Delta Air Lines reported operating performance for November 2018. The company carried 15.5 million customers across its broad global network, a record for the month of November.
For the December quarter, Delta expects to generate earnings per share at the high-end of the company’s $1.10 - $1.30 guidance range. The company expects approximately 7.5% top-line growth (excluding third party refinery sales) on an approximately 3.5% year over year increase in unit revenue. When combined with the benefits from the recent moderation in fuel prices and solid non-fuel cost control, the company is on track to expand pre-tax margins in the December quarter.
Monthly highlights include:
Ranking as the No. 1 U.S. airline by the corporate travel community in the Business Travel News Airline Survey for a historic eighth consecutive year, sweeping all 10 categories
Increasing A330-900neo order book to 35 from 25 and deferring 10 A350-900 orders, addressing Delta’s near-to-medium-term widebody needs and reinforcing our commitment to fuel and economic efficiency while remaining capital disciplined
Carrying over 2.4 million customers on nearly 23,000 flights with a completion factor of 99.77 percent during the Thanksgiving holiday period; Sunday marked the busiest day of the period, flying 658,000 people, an all-time record for the month of November
Unveiling the first biometric terminal in United States at the Maynard H. Jackson International Terminal (Terminal F) in Atlanta, allowing customers to use facial recognition technology from curb to gate and empowering employees to have more time for meaningful interactions with customers