Delta Reports Financial and Operating Performance for December 2016
ATLANTA, Jan. 4, 2017 Delta Air Lines (NYSE: DAL) today reported financial and operating performance for December 2016.
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
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