Originally Posted by
fly18725
Alaska has a better pretax margin than Delta (11.4% vs 9.8%). There is no way Delta’s domestic margins in Seattle are good or better than Alaska’s.
Your figures are GAAP for DL vs non-GAAP/adjusted for AS.
For Q3 2023,
GAAP Pre-tax margins:
DL: 9.8%
AS: 6.8% ($193m pre-tax profit over revenues of $2.839b)
Adjusted/non-GAAP pre-tax margin:
DL: 11.8%
AS: 11.4%