Upload

Loading icon Loading...

This video is unavailable.

Delta Air Lines Reports First Quarter Earnings

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like Financial News Network's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike Financial News Network's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add Financial News Network's video to your playlist.

Published on Apr 25, 2012

Delta Air Lines (NYSE:DAL) announced their first quarter results this morning, posting an EPS loss of $0.05 a share which was in line with estimates. Revenues for the quarter rose 9% year over year coming in at $8.4 billion which was also in line with estimates.

Richard Anderson, Delta's chief executive officer commented on the earnings, "Our March quarter improvement in results and operations are further evidence of the building momentum at Delta. I want to thank Delta employees worldwide for the hard work that produced these results. By staying true to our plan and doing more of the same -- increasing revenues, maintaining discipline with costs, capacity and capital, running a great operation and taking care of our employees and customers -- we expect the June quarter and full year will be not only solidly profitable but also a significant improvement over last year, despite higher fuel prices."

Currently, Delta Air Lines is trading down almost 1% lower to $10.40 a share.

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

The interactive transcript could not be loaded.

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.

Loading icon Loading...

Advertisement
Loading...
Working...
to add this to Watch Later

Add to