Delta Air Lines is targeting its unit cost performance as a key area where improvement is needed, acknowledging its third-quarter 4.8% year-over-year (YOY) cost per available seat-mile (CASM) ex-fuel growth rate cannot be sustained long term. Delta’s 2017 third-quarter net profit dropped 6% year-over-year (YOY) to $1.2 billion as lost revenue from Hurricane Irma and rising costs—particularly labor expenditures stemming from a new pilot contract—drove down bottom-line ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Delta 3Q CASM Growth ‘Unsustainable’".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.