Boston, MA 10\/23\/2013 (wallstreetpr) –\u00a0Delta Air Lines, Inc. (NYSE:DAL) provides scheduled air transportation facility for passengers and cargo throughout the U.S and around the world.<\/p>\n
Delta Air Lines declared their 3Q 2013 earnings, which was higher than the street estimates in terms of profit, and it seems that future outlook for the company looks much better. The company stated, that for the forthcoming quarter, revenue looks much stronger and will see a significant jump in the revenue growth, owing to the bookings for the holiday season which were quite strong.<\/p>\n
Delta, one of the largest carriers, has advanced the aircraft seats and successfully expanded into food and entertainment segments to increase the revenue. During the quarter, decline in the fuel prices and growth in the operating revenues resulted in the expansion in the operating margins. It is believe that, with the festive season ahead, the industry expects a strong quarter, and assume that DAL will also be able to retain in position in the United States in terms of operating revenues.<\/p>\n
DAL has introduced various new routes that connect both international and domestic destinations. It is putting all its efforts in order to improve its offerings and has picked up various customer centric initiatives to build the brand loyalty and maintain their market share. The recent agreement made with Virgin Atlantic, will also give the company a strong clutch in Trans Atlantic markets.<\/p>\n
Delta, along with other airlines having a base in U.S., continues to face tough competition from various foreign operators. The airline faces tough domestic competition in several of its domestic hubs and also on the international route which is always heavy (in terms of competition). The macroeconomic environment is also the worrisome. There are chances that this will impact company\u2019s short term and long term growth prospect. The airline business is highly cyclical in nature and airlines operators who can withstand the competition and make strong profits in a busy season can sustain the decline in profitability in the off season more efficiently.<\/p>\n
Looking at the third quarter company\u2019s net income revenue was at $1.37 billion, in the quarter compared with $1.05 billion a year earlier. Adjusting to the one of gain on account of a fuel-hedging and changes in Delta’s fleet, profit was $1.41 a share, as compared to the street estimates of $1.36.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 10\/23\/2013 (wallstreetpr) –\u00a0Delta Air Lines, Inc. (NYSE:DAL) provides scheduled air transportation facility for passengers and cargo throughout the U.S and around the world. […]<\/p>\n","protected":false},"author":10,"featured_media":11066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2018],"tags":[3380,3379,3286,1459],"stock_ticker":[],"class_list":["post-11065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-dal","tag-delta-air-lines-inc","tag-delta-air-lines-inc-nysedal","tag-nysedal","entry"],"acf":[],"yoast_head":"\n