💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Delta Air's load factor slips as ASM growth outpaces higher traffic

Published 06/04/2018, 09:30 AM
© Reuters.  Delta Air's load factor slips as ASM growth outpaces higher traffic
DAL
-
  • In its operations performance report for May, Delta Air Lines (NYSE:DAL) says traffic rose 2.9% Y/Y to nearly 19.7B revenue passenger miles, with domestic traffic growing 3.7% and international traffic gaining 1.7%.
  • YTD, traffic has increased 3% to 87.2B RPMs, with domestic travel jumping 4.3% and international traffic edging 0.7% higher.
  • However, load factor fell to 86.3% in May from 86.7% in May 2017, with domestic load falling sliding to 86.7% from 87.4% and international load factor lower at 85.5% from 85.7% in the year-ago month.
  • May available seat miles, or capacity, rose 3.5% to 22.83B, as domestic seat supply gained 4.5% and international capacity increased 1.9%.
  • Now read: Delta Air Lines: Soaring Higher


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.