Delta Air Lines (NYSE: DAL) said its consolidated passenger unit revenue (PRASM) for the month of September declined 5.0 percent year over year, consistent with recent trends of pressure from foreign exchange, lower surcharges in international markets, and domestic yields.
Delta said it expects its operating margin to be 20 percent – 21 percent and its unit revenue to decline 4.5 percent – 5.5 percent for the September quarter. Both of these results are on the favorable end of initial guidance ranges provided by the company in July.
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 700 aircraft.