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Delta Air Lines posts small 1Q profit

By The Associated Press
Posted 9:06AM on Tuesday 23rd April 2013 ( 12 years ago )
MINNEAPOLIS (AP) -- Delta Air Lines is reporting a small first-quarter profit, as passengers paid more to fly.

The world's second-biggest airline says revenue rose even though it cut flying slightly.

Delta earned $7 million, or a penny per share. Not counting special items, it would have earned $85 million, or 10 cents per share - better than analysts had been expecting.

Revenue rose 1 percent to $8.5 billion, matching analyst expectations.

The first three months of the year are often money-losers for airlines. Delta says this was its best first-quarter profit in more than a decade.

Yield, which is one way to measure fares, rose 2.1 percent.

http://accesswdun.com/article/2013/4/260790

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