Delta Passenger Revenue Up 4% in August

Press release from the issuing company

Thursday, September 6th, 2012

Delta Air Lines today reported financial and operating performance for August 2012.

Delta's solid revenue improvement continued with consolidated passenger unit revenue (PRASM) increasing 4.0 percent year over year for the month of August.  The PRASM improvement was driven by a stable demand environment, corporate traffic momentum and revenue resulting from customer-facing product investments.  All entities generated positive unit revenue during the month of August, demonstrating continued strength.  Absent the 2011 FAA excise tax suspension, August 2012 unit revenue improvement would be approximately 1.5 points higher. 

System load factor increased 0.9 points on a 1 percent reduction in capacity.

Delta's adjusted fuel price per gallon was $3.26 for the month.

Delta continued to have excellent operational performance in August, with a 99.4 percent completion factor and an on-time performance rate of 83.9 percent.

The company's financial and operational performance is detailed below:


Preliminary Financial and Operational Results – August 2012

 

Consolidated PRASM change year over year

4.0%    

Consolidated average fuel price, adjusted

$3.26

On-time performance (preliminary DOT A14)

83.9%

Mainline completion factor

99.4%