Delta 3Q net profit down 4%; caps capacity growth at 1% through 2017

Credit: Rob Finlayson
Delta Air Lines reported a third-quarter 2016 net profit of $1.26 billion, down 4% from net income of $1.32 billion in the 2015 September quarter, as revenue dropped 6% year-over-year to $10.48 billion. Delta CEO Ed Bastian told analysts and reporters in an Oct. 13 conference call that US airlines...

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