EX-99.1 2 delta_ex9901.htm PRESS RELEASE

Exhibit 99.1

 

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Delta Reports Financial and Operating Performance for October 2016

 

ATLANTA, November 2, 2016 – Delta Air Lines (NYSE: DAL) today reported financial and operating performance for October 2016.

 

Consolidated passenger unit revenue (PRASM) for the month of October declined 6.5% year over year, in-line with expectations. The company continued to see stabilization of close-in domestic yields in October, while results were pressured by the supply-demand imbalance in the Transatlantic and a ~2 point headwind from holiday timing.

 

The company’s financial and operating performance is detailed below.

 

Preliminary Financial and Operating Results

 

October consolidated PRASM change year over year (6.5)%
October mainline completion factor 99.4%
October on-time performance (preliminary DOT A14) 92.1%

 

Delta Air Lines serves nearly 180 million customers each year. In 2016, Delta was named to Fortune’s top 50 Most Admired Companies in addition to being named the most admired airline for the fifth time in six years. Additionally, Delta has ranked No.1 in the Business Travel News Annual Airline survey for an unprecedented five consecutive years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 312 destinations in 54 countries on six continents. Headquartered in Atlanta, Delta employs more than 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry’s leading transatlantic joint venture with Air France-KLM and Alitalia as well as a joint venture with Virgin Atlantic. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. Delta has invested billions of dollars in airport facilities, global products and services, and technology to enhance the customer experience in the air and on the ground. Additional information is available on the Delta News Hub, as well as delta.com, Twitter @DeltaNewsHub, Google.com/+Delta, and Facebook.com/delta.

 

 

 

 

 

 

 

 

 

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      Monthly Traffic Results (a)   Year to Date Traffic Results (a)  
                             
                             
      Oct 2016   Oct 2015   Change   Oct 2016   Oct 2015   Change  
                             
RPMs (000):                          
  Domestic 11,074,467   10,919,236   1.4%   109,672,804   106,018,825   3.4%  
    Delta Mainline 9,276,173   9,087,736   2.1%   92,307,797   88,564,128   4.2%  
    Regional 1,798,293   1,831,500   (1.8%)   17,365,007   17,454,697   (0.5%)  
  International 6,500,307   6,715,074   (3.2%)   71,005,238   71,667,228   (0.9%)  
    Latin America 1,292,562   1,293,338   (0.1%)   16,629,295   16,012,222   3.9%  
      Delta Mainline 1,252,902   1,256,476   (0.3%)   16,162,738   15,680,674   3.1%  
      Regional 39,660   36,862   7.6%   466,557   331,548   40.7%  
    Atlantic 3,389,437   3,546,296   (4.4%)   34,757,052   35,214,730   (1.3%)  
    Pacific 1,818,309   1,875,440   (3.0%)   19,618,890   20,440,276   (4.0%)  
  Total System 17,574,774   17,634,310   (0.3%)   180,678,042   177,686,053   1.7%  
                             
                             
ASMs (000):                          
  Domestic 12,739,425   12,426,850   2.5%   128,913,084   123,146,459   4.7%  
    Delta Mainline 10,550,738   10,226,577   3.2%   107,223,561   101,538,326   5.6%  
    Regional 2,188,687   2,200,273   (0.5%)   21,689,524   21,608,133   0.4%  
  International 7,909,833   7,867,831   0.5%   84,877,941   85,713,494   (1.0%)  
    Latin America 1,506,192   1,564,807   (3.7%)   19,598,762   19,323,763   1.4%  
      Delta Mainline 1,453,678   1,517,294   (4.2%)   19,014,575   18,901,506   0.6%  
      Regional 52,514   47,513   10.5%   584,187   422,257   38.3%  
    Atlantic 4,285,822   4,117,636   4.1%   43,000,165   42,590,630   1.0%  
    Pacific 2,117,820   2,185,388   (3.1%)   22,279,014   23,799,101   (6.4%)  
  Total System 20,649,258   20,294,681   1.7%   213,791,025   208,859,953   2.4%  
                             
                             
Load Factor:                          
  Domestic 86.9%   87.9%    (1.0)   pts 85.1%   86.1%    (1.0)   pts
    Delta Mainline 87.9%   88.9%    (1.0)   pts 86.1%   87.2%    (1.1)   pts
    Regional 82.2%   83.2%    (1.0)   pts 80.1%   80.8%    (0.7)   pts
  International 82.2%   85.3%    (3.1)   pts 83.7%   83.6%   0.1   pts
    Latin America 85.8%   82.7%   3.1   pts 84.8%   82.9%   1.9   pts
      Delta Mainline 86.2%   82.8%   3.4   pts 85.0%   83.0%   2.0   pts
      Regional 75.5%   77.6%    (2.1)   pts 79.9%   78.5%   1.4   pts
    Atlantic 79.1%   86.1%    (7.0)   pts 80.8%   82.7%    (1.9)   pts
    Pacific 85.9%   85.8%   0.1   pts 88.1%   85.9%   2.2   pts
  Total System 85.1%   86.9%    (1.8)   pts 84.5%   85.1%    (0.6)   pts
                             
Mainline Completion Factor 99.4%   100.0%    (0.6)   pts            
                             
Passengers Boarded 15,710,418   15,621,451   0.6%   154,415,389   150,780,612   2.4%  
                             
                             
Cargo Ton Miles (000): 181,214   192,505   (5.9%)   1,655,312   1,849,762   (10.5%)  
                             
a Results include flights operated under contract carrier arrangements