Shares of Delta Air Lines (DAL +2.9%) are higher after the carrier puts in what it calls its best Q1 in over a decade. Domestic airline revenue was up 6.1% during the period to partially make up for weak revenue from Atlantic routes and sharply reduced capacity on regional flights. The carrier reports passenger revenue per mile increased 4.1% as it made the most of lower capacity. Fuel expenses fell $78M compared to last year - but it wasn't due to the Trainer refinery which was a money loser.
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