Delta Air Lines Inc. said Wednesday that a key measure of revenue per mile rose and passengers flew more miles in November.
Shares rose 1.4 percent to close at $48.33.
Delta said that revenue for every seat flown one mile grew 1.5 percent over November 2014. An earlier Thanksgiving helped, with more return trips from the holiday in November instead of early December.
Delta forecast that the closely watched figure would likely drop for the fourth quarter as a whole but not as badly as previously thought — “at the high end” of a decline between 2.5 percent and 4.5 percent.
Traffic grew 4.6 percent compared with November 2014, as increased U.S. flying offset a decline on international routes. Traffic between the U.S. and Europe was flat — better than other foreign destinations — despite the Nov. 13 terror attacks in Paris.
Passengers filled 84.1 percent of seats on the average flight, up from 80.7 percent a year earlier.