Delta Unit Revenue Rises, Traffic Up in November
Thursday, December 3rd, 2015
Delta Air Lines today reported financial and operating performance for November 2015.
Delta Air Lines and the Delta Connection carriers offer service to nearly 370 destinations on six continents. For more information visit news.delta.com.
Consolidated passenger unit revenue for the month of November increased 1.5% year over year, as Delta's winter capacity actions continue to benefit results. The calendar timing of the Thanksgiving holiday was a 2 point benefit, while foreign exchange was a 2 point headwind in the month.
Passenger unit revenue for the December quarter is projected to be at the high end of the guidance range of down 2.5% - 4.5%, provided on the September quarter earnings call. Delta's projected December quarter fuel price of $1.82 - $1.87 includes $0.06 of early hedge settlements during the quarter.
The company's financial and operating performance is detailed below.
Preliminary Financial and Operating Results:
November consolidated PRASM change year over year
1.5%
Projected December quarter fuel price per gallon, adjusted
$1.82 - $1.87
November mainline completion factor
99.97%
November on-time performance (preliminary DOT A14)
89.5%