CLICK HERE TO VIEW AND ALSO PRINT OUT AS IF YOU WERE IN AN ASPIRE LOUNGE

18 APRIL 2016

YOUR WORDS


Readers are invited to add their comments to any story. Click on the article to see and add.

BTN DISTRIBUTION

BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.

Index

Email this Page
Bookmark

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
info@btnews.co.uk
© 2021 Business Travel News Ltd.

Article from BTNews 18 APRIL 2016

Delta pre-tax income soars

Two incoming top executives at Delta Air Lines had a special welcome last week when the company reported a pre-tax income of US$1.56bn for the first quarter of 2016. The result represented a US$966m increase over Q1 last year.

Ed Bastian, the carrier’s new chief executive officer, said: “We have started 2016 with tremendous momentum.”

As well as increasing its income, he said, Delta had delivered “industry-leading operations” including 49 days of perfect mainline completion factor for its customers, and had reached its goal of becoming an investment-grade company.

 “We will continue to be disciplined with our business in the face of volatile fuel prices, strengthen our foundation, and prove our position as the airline that consistently delivers top results,” Bastian added.

Although foreign currency pressures and a US$5m impact from events in Brussels caused some downturn, Delta’s incoming president Glen Hauenstein also struck a positive note.

“The momentum with our commercial initiatives, including corporate share gains, Branded Fares and our partnership with American Express, allowed us to maintain our top line performance in the March quarter,” he said.

Delta was focused on returning unit revenues to a positive trajectory and would adjust autumn capacity levels if sufficient progress had not been made, he added.  www.delta.com

Index/Home page
 

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum


No one has commented yet, why don't you start the ball rolling?


Add your comment

First Name
Surname
Email Address
Company (Not obligatory)
Country/City
Comment
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.
www.btnews.co.uk