Delta’s Third Quarter Profits Rise on Strong Summer Performance
Delta Chief Executive Richard Anderson is seen during an interview in New York. Shannon Stapleton / Reuters
Delta’s had a good year. Less cancellations, higher passenger volume, and growing business in a stronger Europe. And two competitors who are distracted by a merger and a bankruptcy.
Delta Air Lines reported a higher quarterly profit on Tuesday as revenue rose in the seasonally strong summer period.
Net income came to $1.37 billion, or $1.59 a share, in the third quarter, compared with $1.05 billion, or $1.23 a share, a year earlier.
Quarterly revenue rose 6 percent to $10.5 billion.
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