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Delta quarterly profit up 22pc to US$1 billion on flat sales of US$10.7 billion
DELTA Airlines has posted a 22 per cent second quarter year-on-year profit increase to US$1 billion drawn on revenues of $10.7 billion, up 0.8 per cent.
Asia Pacific and Atlantic region dragged its top line performance, but the company said that lower fuel prices contributed to its quarterly profit increase.
Sixty-five per cent of Delta pilots recently rejected a contract proposal from the company, having expressed dissatisfaction with the company's profit-sharing scheme.
Delta CEO Richard Anderson said the pilots were key stakeholders and he expected them all to continue to work together.
Delta's route network is centred on hub and gateway airports in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita.
Asia Pacific and Atlantic region dragged its top line performance, but the company said that lower fuel prices contributed to its quarterly profit increase.
Sixty-five per cent of Delta pilots recently rejected a contract proposal from the company, having expressed dissatisfaction with the company's profit-sharing scheme.
Delta CEO Richard Anderson said the pilots were key stakeholders and he expected them all to continue to work together.
Delta's route network is centred on hub and gateway airports in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita.
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