Delta Air Lines has reported financial results for the September quarter 2018 with GAAP pre-tax income of $1.7 billion, net income of $1.3 billion and earnings per diluted share of $1.91 on record revenue of $12.0 billion. Returning $566 million to shareholders through dividends and share repurchases, the airline also indicated September quarter 2018 adjusted pre-tax income of $1.6 billion, adjusted net income of $1.2 billion and adjusted earnings per diluted share of $1.80 The report released recently showed adjusted pre-tax income for the September quarter 2018 was $1.6 billion, and adjusted earnings per share were $1.80, at the high end of guidance. Adjusted earnings per share were up 16 percent compared to the prior year quarter, driven by revenue momentum, tax reform benefits and a four percent lower share count.
Results reflect a $30 million negative impact from Hurricane Florence. Commenting, Ed Bastian, Delta’s chief executive officer said “our solid eight percent revenue growth, combined with flat non-fuel unit cost performance, helped offset 85 percent of the $655 million fuel cost increase in the quarter. These achievements are a testament to the strength of the Delta business model and the hard work of the Delta people, and I am pleased to recognize their performance with an additional $395 million toward 2018 profit sharing.

“Our commercial momentum and improved cost trajectory give us confidence that we are on a path to deliver continued top-line growth and expand margins as we move into 2019,’’ Bastian added.
On Revenue Environment, Delta’s adjusted operating revenue of $11.8 billion for the September quarter improved eight percent, or $912 million versus the prior year. This quarterly revenue result marks a record for the company, driven by improvements across Delta’s business, including a nearly 20 percent increase in premium product ticket revenues and double-digit percentage increases in cargo, loyalty and Maintenance, Repair and Overhaul revenue.

https://www.mcebisco.com.ng/2018/10/delta-airlines-makes-net-income-of-13bn.html

that's good news..... a Nigeria company can hardly share such good news..... only negative news.
and am ftc for the ist time.... please what's the benefits....

Good one. Please is Arik Air and Aero (fixed wings) still in existence?

Glo network na bastard, walahi

None of the industries initiated by deacon Udom Emmanuel, Governor of Akwa Ibom State has ever generated 1kobo before, yet some idiots are yelling "Mr Industrialization" "Udom 2019". This nonsense should stop please.....

ok

People are just getting rich oo
And we are here

........

wow

Of course they will make a killing.

I bet part of their success comes from the high ticket prices, they charge on their LOS route.

Don't know airliners make this much ... damn ... make I go buy plane sharply

Facidio:
that's good news..... a Nigeria company can hardly share such good news..... only negative news.
and am ftc for the ist time.... please what's the benefits....

Send your account number to seun. He pays 5k for every FTC

To think that this company almost went bankrupt during the global financial meltdown and now posting such amazing profit numbers is nothing short of amazing.

Schuffeadv23:

Send your account number to seun. He pays 5k for every FTC

thanks but how do I send the account number to him?

Facidio:
that's good news..... a Nigeria company can hardly share such good news..... only negative news.
and am ftc for the ist time.... please what's the benefits....

Delta airline is an American airline company ok....na wa for you....

Is the mode high on something, this isn't even a Nigerian company. Delta airline is one of the largest US carriers.

I doubt if Arik and Air Peace which are probably the most visible airlines can post numbers this good

Revolva:


Delta airline is an American airline company ok....na wa for you....

dumb moto that don't understand written sentences. did you see anywhere there I said its a Nigerian company?

edidiongmichael:
None of the industries initiated by deacon Udom Emmanuel, Governor of Akwa Ibom State has ever generated 1kobo before, yet some idiots are yelling "Mr Industrialization" "Udom 2019". This nonsense should stop please.....

Delta airline isn't owned by Delta state o.



It's a US carrier olodo

OP and mod deserve cane.

Delta Airlines is not even remotely Nigerian.

Pekele007:

Delta airline isn't owned by Delta state o.



It's a US carrier olodo

Sorry senior olodo, I was talking about Akwa Ibom State

edidiongmichael:

Sorry senior olodo, I was talking about Akwa Ibom State

baba olodo, why then are you comparing Akwa ibom with a US national carrier?

Not a suprise,,,, its only airline with direct flights from lagos to Atlanta.... Likewise its also most reliable airline along America to Popular Asia countries... All in all, it's also one out of 3 airline, after BA, KLM that hardly about the misarp on air transportation

Pekele007:

baba olodo, why then are you comparing Akwa ibom with a US national carrier?

Ebot, I'm sure you don't know what comparison means. Go and highlight where you feel I compared Akwa Ibom with an US national carrier...

Few years ago pre-Buhari govt when business was booming and dollar rate fair, that airline used to be my uncle and his family carrier whenever they're going to US, but since over 2 years now, na to search for cheapest airline even if it's 10 stop-overs whenever they want to travel.

edidiongmichael:


Ebot, I'm sure you don't know what comparison means. Go and highlight where you feel I compared Akwa Ibom with an US national carrier...

shut up your dirty mouth.


what brought about Akwa ibom in a thread concerning Delta airlines

I know you dumb brain interpreted it as Delta state airline ozwor

Facidio:


thanks but how do I send the account number to him?

Seun is a man of honour, he will contact you later today.

Facidio:

dumb moto that don't understand written sentences. did you see anywhere there I said its a Nigerian company?

you were insisting it delta state airline....from the way you commented