Delta post 1.5B fourth quarter profit.

[topDawg]

" And as the 'Horses' cross the finish line in Q4" ........
 
and I still have no idea what I am talking about
 
Some things NEVER change  !!

FIFY
 

On an apples to apples comparison, DL had higher 4th quarter income than AA or UA. All of the following are pre-tax, excluding special items and special credits, for the 4th quarter and full year:

DL: $1.45 billion; $5.9 billion

AA: $1.30 billion; $6.3 billion

UA: $934 million; $4.5 billion

AA had a more profitable year than Delta, primarily because DL recognized fuel hedging losses on contracts settling earlier in 2015 and the fact that its employees will split $1.5 billion in profit-sharing, which reduces its 2015 pre-tax income by that $1.5 billion. Overall, DL was more profitable than AA in 2015 ($7.4 billion v $6.3 billion).

Bottom line: Delta wins 2015.

http://s1.q4cdn.com/231238688/files/earnings/2015/4Q/Delta-Announces-December-Quarter-and-Full-Year-2015-Profit.pdf

http://finance.yahoo.com/news/american-airlines-group-reports-record-123000458.html

http://ir.united.com/phoenix.zhtml?c=83680&p=irol-newsArticle&id=2131053

Bottom line, time to start reversing some BK changes and give more to the employees. 
 
Example, they pennies they "saved" by outsourcing airframe maintenance. I think the company could spend 10 million more a year.  

 

[700UW]

http://airport.blog.ajc.com/2016/04/14/low-fuel-prices-bring-946-million-profit-for-delta/
 

Low fuel prices bring $946 million profit for Delta

 

[Kev3188]

Well done all around!

 

[FWAAA]

First quarter pre-tax profit of $1.56 billion, excl special items, a record first quarter result for any airline in history. Well done.

http://s1.q4cdn.com/231238688/files/earnings/2016/1Q/Delta-Announces-March-Quarter-Profit-Final.pdf

 

[robbedagain]

Congrats to all the hard working front line folks at DL

 

[swamt]

Fantastic 1Q results for Delta! Still hope all airlines report record 1Q record earnings. Congrats to all the employees at Delta for a fantastic 1Q results, AND profit sharing...

 

[NewHampshire Black Bears]

Extra  Money  to PAY  the ( 40%) Pilots  !!!

 

[FWAAA]

Remember when airlines consistently lost money in the first quarter (since it was winter and travel was down), then earned medium profits in the second quarter, then earned gigantic profits in the third quarter (thanks to summer vacation travel) and then modest profits in the fourth?

Looks like airlines have solved the riddle on making big profits all four quarters. Impressive.