What's new

DL reports first quarter 2017 net income

FWAAA

Veteran
Joined
Jan 5, 2003
Messages
10,249
Reaction score
3,893
Delta reported first quarter results, including adjusted pre-tax income of $847 million:

http://ir.delta.com/news-and-events...s-Announces-March-Quarter-Profit/default.aspx

Also mentions that last week's failed recovery from Wednesday's storms will reduce second quarter net income by about $125 million.

The thunderstorms were not DL's fault, but there may be some culpability for the extended recovery period (like poor/shoddy IT).
 
Typical with Delta stock as in ours. It seems every time we report good, great or record numbers, most the time our stock would go down. Now Deltas is. Backwards working market I tell you...
 
Well here is Sept. numbers for Delta. They still had a slight increase even after all the weather for the month. Delta says they took a 120 million hit due to the weather. That's a lot for one month. Hopefully the full 3rd Q numbers will help replace some of that for them. Pretty sure SWA said 100 million hit.

 

Latest posts

Back
Top