ATLANTA, Oct. 15, 2008 – Delta Air Lines (NYSE:DAL) today reported results for the quarter ended September 30, 2008.
Key points include:
- Excluding special items, Delta’s net loss for the September 2008 quarter was $26 million, or $0.07 per diluted share, despite a more than $800 million year-over-year increase in fuel costs related to higher prices.1,2
- Delta’s reported GAAP net loss for the September 2008 quarter was $50 million, or $0.13 per diluted share.
- Delta and Northwest remain on track to close their merger during the fourth quarter of 2008.
- As of September 30, 2008, Delta had $3.1 billion in unrestricted cash, cash equivalents and short-term investments.