Delta Air Lines, like its peers, faced a challenging year in terms of unit revenue growth. Unit revenues were under the pump throughout 2016 due to the strong dollar, low fuel prices, geopolitical turmoil, and increasing competition from low cost carriers. Given the recent ascension of oil prices, on the back of OPEC’s decision to cut production, it becomes imperative for the airline to be able to turn around its unit revenues. To this end, the carrier has decided to cap its capacity growth to 1% in 2017. If the carrier fails to regain positive unit revenues, it will see a major impact on its operating margins. Earlier in the year, Delta had stated that it hoped to turn its PRASM positive by mid to late 2016. However, faced by a technical glitch in Q3, the carrier failed to reach the target. <br/>