Delta says Hurricane Florence caused US$30m hit to finances
Delta Air Lines disclosed Tuesday that Hurricane Florence took a roughly US$30m hit on its finances. The airline said the September storm negatively affected its pre-tax income and drove its unit revenues down half a percentage point, according to an investor update filed with the US SEC. The company still expects to report earnings of $1.70 to $1.80 per share for the Q3 ended in September. Delta canceled more than 270 flights due to Hurricane Florence. Airports it serves in Charleston and Myrtle Beach, S.C. and Fayetteville, Wilmington, New Bern and Jacksonville, N.C. temporarily closed during the storm. The airline also temporarily waived fees for checked baggage and pets in the cabin, capped certain fares during the hurricane and added flights for those evacuating the Carolinas. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-10-03/sky/delta-says-hurricane-florence-caused-us-30m-hit-to-finances
https://portal.staralliance.com/cms/logo.png
Delta says Hurricane Florence caused US$30m hit to finances
Delta Air Lines disclosed Tuesday that Hurricane Florence took a roughly US$30m hit on its finances. The airline said the September storm negatively affected its pre-tax income and drove its unit revenues down half a percentage point, according to an investor update filed with the US SEC. The company still expects to report earnings of $1.70 to $1.80 per share for the Q3 ended in September. Delta canceled more than 270 flights due to Hurricane Florence. Airports it serves in Charleston and Myrtle Beach, S.C. and Fayetteville, Wilmington, New Bern and Jacksonville, N.C. temporarily closed during the storm. The airline also temporarily waived fees for checked baggage and pets in the cabin, capped certain fares during the hurricane and added flights for those evacuating the Carolinas. <br/>
