FlyerTalk Forums - View Single Post - More Bad Financial News from Delta
View Single Post
Old Apr 17, 2003 | 9:05 am
  #6  
UnofficialDLHelper
 
Join Date: Jun 2002
Location: DeltaLand, USA
Posts: 877
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Cholula:
Just a friendly suggestion to DL...Why don't you also try to raise revenues</font>
Delta Air's Loss Widens; Revenue Inches Up 1.7%

"Delta's revenue rose 1.7% to $3.16 billion from $3.1 billion in the year- earlier period."

Delta Loss Widens, New Furloughs Set

"But industry watchers say Delta, whose first-quarter revenue rose slightly to $3.2 billion from $3.1 billion, is better-prepared than most of its rivals to survive the industry's downward spiral."

Delta Reports Severe Financial Crisis

"Delta blamed the war for $125 million, or more than one-quarter, of the first-quarter loss."

Delta surges after beating loss target

"In recent action, shares rose $1.14 to $11.63* with more than 3 million shares changing hands."

* As of 1037 EST.

At any rate, despite the war w/ Iraq, revenue is still up, and load factor remains flat. Are pax buying K+ tckts to get their MQMs?

------------------
I am not a sanctioned representative of Delta on these boards, just an interested participant. I'm only here trying to shed light on DL issues brought up on this board and to provide my opinion and/or to try to answer Qs. I do work for Delta, but I don't represent DL's final word when answering a question (in any capacity). Please e-mail Customer Care with your questions to get a corporately-supported reply.www.delta.com/email

[This message has been edited by UnofficialDLHelper (edited 04-17-2003).]
UnofficialDLHelper is offline