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

From other sites
Comments (1)
  • markcc
    , contributor
    Comments (3230) | 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
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs