Delta Q2 profit edges up
Delta Air Lines reported a slightly higher profit for Q2 and said it would make fewer seats available to the UK and elsewhere than previously planned. Delta said earnings rose 4% to US$1.55b in Q2 from a year earlier. Total revenue for the quarter was up 2.4% at US$10.46b. Passenger load factor was down a fraction at 85.5% Delta also said it would increase capacity by one percentage point less than it had expected for Q3 to match reduced demand. Some of the biggest cuts will involve the UK. Delta said weaker sterling and economic uncertainty surrounding Britain's upcoming exit from the EU caused it to reduce US-UK capacity by 6 percentage points for later this year. The decision comes during heightened competition from transatlantic rivals. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-07-15/sky/delta-q2-profit-edges-up
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Delta Q2 profit edges up
Delta Air Lines reported a slightly higher profit for Q2 and said it would make fewer seats available to the UK and elsewhere than previously planned. Delta said earnings rose 4% to US$1.55b in Q2 from a year earlier. Total revenue for the quarter was up 2.4% at US$10.46b. Passenger load factor was down a fraction at 85.5% Delta also said it would increase capacity by one percentage point less than it had expected for Q3 to match reduced demand. Some of the biggest cuts will involve the UK. Delta said weaker sterling and economic uncertainty surrounding Britain's upcoming exit from the EU caused it to reduce US-UK capacity by 6 percentage points for later this year. The decision comes during heightened competition from transatlantic rivals. <br/>
