News Archive

 

  image

Delta Reports Financial and Operating Performance for February 2013

Mar 4, 2013

ATLANTA, March 4, 2013 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial and operating performance for February 2013.

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

Delta's unit revenues for the month of February grew 5.0 percent vs. prior year.  The unit revenue growth was driven by continued corporate revenue gains, increased load factor and improved trans-Atlantic performance.

Despite the impact of inclement weather, Delta completed 99.0 percent of its flights in February and ran an on-time arrival rate of 86.1 percent.

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

Preliminary Financial and Operating Results

 

February Consolidated PRASM change year over year

5.0%

Projected March quarter fuel price per gallon, adjusted

$3.23-3.28

February On-time performance (preliminary DOT A14)

86.1%

February Mainline completion factor

99.0%

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 319 destinations in 59 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 March 4, 2013, and which we have no current intention to update.




Monthly Traffic Results (a)


Year to Date Traffic Results (a)




















Feb 2013


Feb 2012


Change


Feb 2013


Feb 2012


Change

















RPMs (000):














Domestic

7,685,779


7,967,017


(3.5%)


15,867,822


16,110,410


(1.5%)




Delta Mainline

6,204,956


6,258,545


(0.9%)


12,803,968


12,697,835


0.8%




Regional

1,480,823


1,708,472


(13.3%)


3,063,854


3,412,575


(10.2%)



International

5,008,922


5,014,235


(0.1%)


10,732,752


10,780,778


(0.4%)




Latin America

1,174,571


1,090,978


7.7%


2,456,300


2,266,933


8.4%




    Delta Mainline

1,159,772


1,080,152


7.4%


2,421,640


2,242,445


8.0%




    Regional

14,799


10,826


36.7%


34,660


24,488


41.5%




Atlantic

1,987,721


2,180,403


(8.8%)


4,433,548


4,792,770


(7.5%)




Pacific

1,846,630


1,742,854


6.0%


3,842,905


3,721,075


3.3%



Total System

12,694,701


12,981,252


(2.2%)


26,600,575


26,891,188


(1.1%)

















ASMs (000):














Domestic

9,552,211


10,019,071


(4.7%)


20,011,796


20,556,659


(2.7%)




Delta Mainline

7,542,977


7,708,780


(2.2%)


15,759,272


15,836,936


(0.5%)




Regional

2,009,234


2,310,291


(13.0%)


4,252,524


4,719,723


(9.9%)



International

6,500,530


6,870,887


(5.4%)


13,563,497


14,286,434


(5.1%)




Latin America

1,464,948


1,453,063


0.8%


2,997,483


2,911,926


2.9%




    Delta Mainline

1,443,123


1,433,903


0.6%


2,948,692


2,870,777


2.7%




    Regional

21,825


19,160


13.9%


48,791


41,149


18.6%




Atlantic

2,844,038


3,233,374


(12.0%)


6,000,777


6,756,387


(11.2%)




Pacific

2,191,545


2,184,450


0.3%


4,565,237


4,618,121


(1.1%)



Total System

16,052,742


16,889,958


(5.0%)


33,575,293


34,843,093


(3.6%)

















Load Factor:














Domestic

80.5%


79.5%


1.0

pts

79.3%


78.4%


0.9

pts



Delta Mainline

82.3%


81.2%


1.1

pts

81.2%


80.2%


1.0

pts



Regional

73.7%


74.0%


(0.3)

pts

72.0%


72.3%


(0.3)

pts


International

77.1%


73.0%


4.1

pts

79.1%


75.5%


3.6

pts



Latin America

80.2%


75.1%


5.1

pts

81.9%


77.8%


4.1

pts



    Delta Mainline

80.4%


75.3%


5.1

pts

82.1%


78.1%


4.0

pts



    Regional

67.8%


56.5%


11.3

pts

71.0%


59.5%


11.5

pts



Atlantic

69.9%


67.4%


2.5

pts

73.9%


70.9%


3.0

pts



Pacific

84.3%


79.8%


4.5

pts

84.2%


80.6%


3.6

pts


Total System

79.1%


76.9%


2.2

pts

79.2%


77.2%


2.0

pts
















Mainline Completion

99.0%


99.7%


(0.7)

pts







Factor




























Passengers Boarded

11,106,695


11,431,057


(2.8%)


22,845,340


23,073,665


(1.0%)

















Cargo Ton Miles (000):

178,698


185,171


(3.5%)


353,822


359,364


(1.5%)

















Endnote:













aResults include flights operated under contract carrier arrangements.
















 

SOURCE Delta Air Lines

For further information: Corporate Communications, +1-404-715-2554, news archive at news.delta.com, Investor Relations, +1-404-715-2170


Newsroom

Twitter Logo

FOLLOW US ON TWITTER
Official Twitter newsroom of Delta Air Lines, a resource for people sharing Delta news. Visit @DeltaAssist for customer service and @Delta for tips and promos.

Search Newsroom

Advanced Search