Delta Airlines: Q3 adjusted net income slumps to $194m
(CercleFinance.com) - Delta Airlines has reported adjusted pre-tax earnings of 216 million dollars for the Q3 2021, down 89% from the same period two years earlier in 2019 (pre-crisis).
Adjusted net income was 194 million dollars, down 87% from 2019, meaning adjusted EPS of 0.3 dollar, a fraction of the 2.33 dollars in Q3 2019.
Quarterly adjusted operating revenue was 8.3 billion dollars, down 34% from 12.5 billion dollars in the same period two years earlier.
While demand continues to improve, the recent increase in fuel prices will put pressure on the company's ability to remain profitable in Q4 of December, management said.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
Adjusted net income was 194 million dollars, down 87% from 2019, meaning adjusted EPS of 0.3 dollar, a fraction of the 2.33 dollars in Q3 2019.
Quarterly adjusted operating revenue was 8.3 billion dollars, down 34% from 12.5 billion dollars in the same period two years earlier.
While demand continues to improve, the recent increase in fuel prices will put pressure on the company's ability to remain profitable in Q4 of December, management said.
Copyright (c) 2021 CercleFinance.com. All rights reserved.