Delta Posts $659 Million 2014 Net Profit; Fuel-Hedging Hit Lowers Earnings
January 20, 2015
Delta Air Lines reported 2014 net income of $659 million, down 94% from a $10.54 billion net profit in 2013, though the 2014 result reflects a significant special charge related to fuel hedging, while the 2013 result included a huge tax-valuation gain. Delta’s 2014 net income, excluding special...
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