Delta Air Lines today reported financial and operating performance for October 2016.
Consolidated passenger unit revenue (PRASM) for the month of October declined 6.5 percent year over year, in line with expectations. The company continued to see stabilization of close-in domestic yields in October, while results were pressured by the supply-demand imbalance in the trans-Atlantic and a ~2 point headwind from holiday timing.
The company’s financial and operating performance is detailed below.
Preliminary Financial and Operating Results |
|
October consolidated PRASM change year over year |
(6.5)% |
October mainline completion factor |
99.4% |
October on-time performance (preliminary DOT A14) |
92.1% |