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Delta CEO says summer traffic was its best summer ever

Published 10/07/2016, 11:24 AM
© Reuters. Delta planes line up at their gates while on the tarmac of Salt Lake City International Airport in Utah
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By Alwyn Scott

NEW YORK (Reuters) - Delta Air Lines (N:DAL) this year carried the most passengers in a summer ever, despite a computer outage in August, Chief Executive Officer Ed Bastian said on Friday.

"We had the strongest summer in our history," Bastian said at an event in New York, adding that three days in July "set all-time records in terms of volume of traffic and volume of passenger flows."

Bastian's comments come after Delta reported declines during the summer months in unit revenue, which tallies the amount of passenger revenue per available seat-mile.

© Reuters. Delta planes line up at their gates while on the tarmac of Salt Lake City International Airport in Utah

Bastian said traffic was up because fares were about 6 percent lower than last year, which meant revenue per passenger was down. But the airline's profit margins were "still strong," he said.

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