Delta is finally showing a return to pricing power after a two-year slump, leading stocks to climb across the industry. Passenger revenue for each seat flown a mile rose 3.5% in May, the second-biggest US carrier said Friday. The increase showed that Delta is on track for a 3% gain this quarter in the benchmark financial gauge, JPMorgan Chase & Co. analyst Jamie Baker said. Delta’s performance cheered airline investors, who have been watching for a rebound in the passenger revenue measure, a proxy for a carrier’s control over fares. The Atlanta-based carrier is “getting its mojo back,” Duane Pfennigwerth, an analyst at Evercore ISI, said in a note to clients. “We see significant improvement potential.”<br/>
sky
Nine people on board a KLM flight from Amsterdam to Hong Kong were injured when their plane hit a bout of heavy turbulence on Sunday morning. Flight KL887 managed to land safely at Hong Kong International Airport shortly after 10am. Passengers described screams and panic on board with people and objects flung to the cabin ceiling as the aircraft encountered violent turbulence before its approach. They said the seat belt signs were not activated. “The pilot was telling us in the broadcast that we would be arriving in Hong Kong in 30 to 40 minutes. When he was still talking, I started to feel the turbulence. It felt like we were in free fall,” one passenger said. “The man next to me did not have his seat belt fastened. He hit the ceiling ... the seat belt sign was not on at the time and so some people were also in the toilet.” Police said five men and four women, aged 31 to 55, had been hurt. Ambulances, fire engines and police arrived at the scene as the Boeing 747 pulled into Terminal 1. Some of the injured were seen wearing oxygen masks and head braces as they were lifted onto stretchers. A KLM spokesman said: “Immediately after the incident, the captain requested priority to land, which was granted by air traffic control.”<br/>