PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Airlines & Aviation  | Passenger Aviation  | Sales Reports

Delta Reports Financial and Operating Performance for March 2013

Share with Twitter Share with LinkedIn

ATLANTA, April 2, 2013 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial and operating performance for March 2013.

(Logo: http://photos.prnewswire.com/prnh/20090202/DELTALOGO )

Unit revenues for the month of March increased 2.0% year over year, led by gains in the trans-Atlantic and Latin entities, which were partially offset in the Pacific by the impact of a weakening yen.  The reduction from previous guidance is due to lower close-in bookings driven by the sequester, lower than expected demand as a result of our attempt to drive higher yields, and temporary inefficiencies during implementation of new revenue management technology.

Delta completed 99.3 percent of its flights in March and ran an on-time arrival rate of 84.9 percent.

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

Preliminary Financial and Operating Results


March Consolidated PRASM change year over year

2.0%

Projected March quarter fuel price per gallon, adjusted

$3.23-3.28

March On-time performance (preliminary DOT A14)

84.9%

March Mainline completion factor

99.3%



Note: Fuel price includes taxes, transportation, settled hedges, hedge premiums and refinery impact, but excludes mark to market adjustments on open hedges.

Delta Air Lines serves more than 160 million customers each year. Delta was named by Fortune magazine as the most admired airline worldwide in its 2013 World's Most Admired Companies airline industry list, topping the list for the second time in three years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 313 destinations in 57 countries on six continents. Headquartered in Atlanta, Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 700 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry's leading trans-Atlantic joint venture with Air France-KLM and Alitalia. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with hubs in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City and Tokyo-Narita. Delta is investing more than $3 billion in airport facilities and global products, services and technology to enhance the customer experience in the air and on the ground.  Additional information is available on delta.com, Twitter @Delta, Google.com/+Delta and Facebook.com/delta.

Forward Looking Statements

Statements in this press release that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections or strategies for the future, may be "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the estimates, expectations, beliefs, intentions, projections and strategies reflected in or suggested by the forward-looking statements.  These risks and uncertainties include, but are not limited to, the cost of aircraft fuel; the availability of aircraft fuel; the impact of posting collateral in connection with our fuel hedge contracts; the impact of significant funding obligations with respect to defined benefit pension plans; the impact that our indebtedness may have on our financial and operating activities and our ability to incur additional debt; the restrictions that financial covenants in our financing agreements will have on our financial and business operations; labor issues; interruptions or disruptions in service at one of our hub airports; our dependence on technology in our operations; disruptions or security breaches of our information technology infrastructure; the ability of our credit card processors to take significant holdbacks in certain circumstances; the possible effects of accidents involving our aircraft; the effects of weather, natural disasters and seasonality on our business; the effects of an extended disruption in services provided by third party regional carriers; failure or inability of insurance to cover a significant liability at the Trainer refinery; the impact of environmental regulation on the Trainer refinery; our ability to retain management and key employees; our ability to use net operating losses to offset future taxable income; competitive conditions in the airline industry; the effects of extensive government regulation on our business; the effects of terrorist attacks; the effects of the rapid spread of contagious illnesses; and the costs associated with insurance.  

Additional information concerning risks and uncertainties that could cause differences between actual results and forward-looking statements is contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2012.  Caution should be taken not to place undue reliance on our forward-looking statements, which represent our views only as of April 2, 2013, and which we have no current intention to update

 



















Monthly Traffic Results (a)


Year to Date Traffic Results (a)




















March 2013


March 2012


Change


March 2013


March 2012


Change

















RPMs (000):














Domestic

10,108,008


10,115,366


(0.1%)


25,975,830


26,225,776


(1.0%)




Delta Mainline

8,162,880


7,943,539


2.8%


20,966,848


20,641,374


1.6%




Regional

1,945,128


2,171,827


(10.4%)


5,008,982


5,584,402


(10.3%)



International

6,366,977


6,344,621


0.4%


17,099,730


17,125,399


(0.1%)




Latin America

1,513,816


1,401,371


8.0%


3,970,116


3,668,304


8.2%




    Delta Mainline

1,499,223


1,388,787


8.0%


3,920,863


3,631,232


8.0%




    Regional

14,593


12,584


16.0%


49,253


37,072


32.9%




Atlantic

2,754,036


2,921,419


(5.7%)


7,187,583


7,714,189


(6.8%)




Pacific

2,099,126


2,021,831


3.8%


5,942,030


5,742,906


3.5%



Total System

16,474,985


16,459,987


0.1%


43,075,560


43,351,175


(0.6%)

















ASMs (000):














Domestic

11,904,842


11,717,680


1.6%


31,916,638


32,274,338


(1.1%)




Delta Mainline

9,409,560


9,044,065


4.0%


25,168,832


24,881,001


1.2%




Regional

2,495,282


2,673,615


(6.7%)


6,747,806


7,393,337


(8.7%)



International

7,538,473


7,847,457


(3.9%)


21,101,970


22,133,891


(4.7%)




Latin America

1,809,162


1,796,857


0.7%


4,806,645


4,708,783


2.1%




    Delta Mainline

1,788,878


1,777,221


0.7%


4,737,570


4,647,998


1.9%




    Regional

20,284


19,636


3.3%


69,075


60,785


13.6%




Atlantic

3,256,200


3,589,737


(9.3%)


9,256,978


10,346,124


(10.5%)




Pacific

2,473,111


2,460,863


0.5%


7,038,348


7,078,984


(0.6%)



Total System

19,443,315


19,565,137


(0.6%)


53,018,608


54,408,229


(2.6%)

















Load Factor:














Domestic

84.9%


86.3%


(1.4)

pts

81.4%


81.3%


0.1

pts



Delta Mainline

86.8%


87.8%


(1.0)

pts

83.3%


83.0%


0.3

pts



Regional

78.0%


81.2%


(3.2)

pts

74.2%


75.5%


(1.3)

pts


International

84.5%


80.8%


3.7

pts

81.0%


77.4%


3.6

pts



Latin America

83.7%


78.0%


5.7

pts

82.6%


77.9%


4.7

pts



    Delta Mainline

83.8%


78.1%


5.7

pts

82.8%


78.1%


4.7

pts



    Regional

71.9%


64.1%


7.8

pts

71.3%


61.0%


10.3

pts



Atlantic

84.6%


81.4%


3.2

pts

77.6%


74.6%


3.0

pts



Pacific

84.9%


82.2%


2.7

pts

84.4%


81.1%


3.3

pts


Total System

84.7%


84.1%


0.6

pts

81.2%


79.7%


1.5

pts
















Mainline Completion

99.3%


99.7%


(0.4)

pts







Factor




























Passengers Boarded

14,391,333


14,492,453


(0.7%)


37,236,673


37,566,118


(0.9%)

















Cargo Ton Miles (000):

207,974


209,600


(0.8%)


561,796


568,964


(1.3%)

















Endnote:













aResults include flights operated under contract carrier arrangements.
















 

SOURCE Delta Air Lines



RELATED LINKS
http://www.delta.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release