Not at all affected by grounding 737 MAX several months, the group Delta Air Lines reported profits in the second quarter 39.3% and a record occupancy rate.
"Our financial and operating results for the quarter, ending in June, show that our strong brands and competitive advantages are being translated into profit growth, an increase in margins and solid returns for our shareholders." Our people are the best in the industry and I am proud to confirm their hard work and commitment in the quarter with an additional $ 518 million in future revenue sharing. "said Ed Bastian, CEO of Delta. The Group therefore adjusts its profit forecast for the current year from $ 6.75 to $ 7.25 per share. It should be noted that although the capacities have increased by 4%, T load factor by 1.9 percentage points 90.4%. In June, Delta Air Lines carried a record number of passengers (18.9 million), of which 697.745 on 21 June. In the quarter ending September, Delta expects to generate a solid revenue growth and increase margins.
In the second quarter, Delta improved operating revenues of $ 12.5 billion, an increase of 8.7% over the same period last year. This turnover represents a record for the company, thanks to improvements in Delta's business, including a 10% increase in premium income and a two-digit increase in loyalty buyers' revenue. and maintenance.
of domestic income increased 8.8% in the quarter as a result of a 3.6% increase in revenue for passengers and a 5.1% increase in capacity. Revenues from national premium products increased by 11% compared to the first quarter of 2019 and operating revenues by 8%. without Boeing 737 MAXUnlike most of its main competitors, caused by repeated failure due to their long-term immobilization, which logically increased the demand for its work.
Income transatlantic increased by 6.1% in the quarter, thanks to increased capacity by 4.6%. Nevertheless, the group points to "two disadvantages due to the exchange rate and pressure caused by the interruption of our partners' activities in India". Income Latin AmericaIt increased by 5.2% due to a 7.8% increase in unit revenues and a decrease in capacity by 2.4%. The revenue increase is the result of a double-digit revenue growth in the Brazilian and Mexican beaches markets. Revenue in the region Pacific increased by 3.2% in the quarter as the 9.7% increase in capacity was partially offset by a 5.9% decrease in unit revenues, mainly due to lower expectations in Japan.