Delta Air Lines pre-tax income up YoY

Delta Air Lines (NYSE: DAL) has reported adjusted pre-tax income of USD 1.45 billion, a USD 430 million increase year over year, the airlines said.

Adjusted net income was USD 926 million or USD 1.18 per diluted share, up 51 percent from the December quarter of 2014.

Delta´s operating revenue for the December quarter decreased two percent, or USD 145 million, due to USD 160 million in foreign currency pressures. Passenger unit revenues declined 1.6 percent, which includes approximately 2 points of impact from foreign currency.

For full year, the company returned USD 2.6 billion to shareholders, comprised of USD 360 million of dividends and USD 2.2 billion of share repurchases for 48 million shares at an average price of USD 45.50 per share.

Adjusted net debt at the end of the year stood at USD 6.7 billion, a more than USD 10 billion reduction since Delta began its balance sheet improvement strategy in 2009.

Delta Air Lines serves nearly 180 million customers each year. It offers service to 328 destinations in 57 countries on six continents. Headquartered in Atlanta, Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft.