Delta Air Lines (NYSE: DAL) today reported financial and operating performance for November 2015.
Consolidated passenger unit revenue (PRASM) for the month of November increased 1.5 percent year over year, as Delta´s winter capacity actions continue to benefit results.
The calendar timing of the Thanksgiving holiday was a two-point benefit, while foreign exchange was a two-point headwind in the month.
Passenger unit revenue (PRASM) for the December quarter is projected to be at the high end of the guidance range of down 2.5 percent – 4.5 percent, provided on the September quarter earnings call. Delta´s projected December quarter fuel price of USD1.82 – USD1.87 includes USD0.06 of early hedge settlements during the quarter.
Delta Air Lines serves more than 170 million customers each year. Headquartered in Atlanta, Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft.