Seeking Alpha

Strong quarter for Delta Air Lines

  • Delta Air Lines (DAL) beat analyst estimates with its Q4 report as higher fares and lower fuel costs proved to be a winning combination.
  • Passenger revenue was up 6.1% during the quarter, while cargo revenue fell 1%.
  • The Trainer refinery operated at a $46M loss, but helped Delta lower its average jet fuel price to $3.05 per gallon.
  • Looking ahead, the company expects to see "significant" margin expansion in Q1.
  • DAL +3.5% premarket
Comments (1)
  • markcc
    , contributor
    Comments (1375) | Send Message
     
    So how much did the refinery save Delta in fuel expenses? It would be nice if they disclosed the savings after they tout the refinery as such a great investment!
    21 Jan 2014, 04:23 PM Reply Like
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