Delta Air Lines (DAL) Load Factor Fell 0.4 Points in Sept. 2016

October 4, 2016 9:04 AM EDT

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Delta Air Lines (NYSE: DAL) reported financial and operating performance for September 2016.

Consolidated passenger unit revenue (PRASM) for the month of September declined 3.0% year over year, as close-in domestic yield pressures moderated slightly with the implementation of lower Fall capacity levels. Delta continued to face a supply-demand imbalance in the Transatlantic and headwinds from prior year Yen hedge gains in the month.

The company's financial and operating performance is detailed below.

Preliminary Financial and Operating Results

September consolidated PRASM change year over year

(3.0)%

September mainline completion factor

99.9%

September on-time performance (preliminary DOT A14)

90.2%

Monthly Traffic Results (a)

Year to Date Traffic Results (a)

Sep 2016

Sep 2015

Change

Sep 2016

Sep 2015

Change

RPMs (000):

Domestic

10,492,828

10,033,433

4.6%

98,598,338

95,099,589

3.7%

Delta Mainline

8,803,704

8,383,784

5.0%

83,031,624

79,476,392

4.5%

Regional

1,689,124

1,649,649

2.4%

15,566,714

15,623,197

(0.4%)

International

7,104,670

7,321,704

(3.0%)

64,504,930

64,952,154

(0.7%)

Latin America

1,198,483

1,197,187

0.1%

15,336,733

14,718,884

4.2%

Delta Mainline

1,160,942

1,161,536

(0.1%)

14,909,836

14,424,198

3.4%

Regional

37,542

35,651

5.3%

426,897

294,686

44.9%

Atlantic

3,894,697

4,045,049

(3.7%)

31,367,616

31,668,434

(0.9%)

Pacific

2,011,489

2,079,468

(3.3%)

17,800,581

18,564,836

(4.1%)

Total System

17,597,497

17,355,137

1.4%

163,103,268

160,051,743

1.9%

ASMs (000):

Domestic

12,314,567

11,825,266

4.1%

116,173,659

110,719,609

4.9%

Delta Mainline

10,208,853

9,757,357

4.6%

96,672,823

91,311,749

5.9%

Regional

2,105,714

2,067,909

1.8%

19,500,837

19,407,860

0.5%

International

8,481,874

8,602,314

(1.4%)

76,968,107

77,845,663

(1.1%)

Latin America

1,412,476

1,473,714

(4.2%)

18,092,570

17,758,956

1.9%

Delta Mainline

1,362,778

1,428,291

(4.6%)

17,560,897

17,384,212

1.0%

Regional

49,699

45,423

9.4%

531,673

374,744

41.9%

Atlantic

4,773,640

4,679,481

2.0%

38,714,343

38,472,994

0.6%

Pacific

2,295,758

2,449,119

(6.3%)

20,161,194

21,613,713

(6.7%)

Total System

20,796,441

20,427,580

1.8%

193,141,767

188,565,272

2.4%

Load Factor:

Domestic

85.2%

84.8%

0.4

pts

84.9%

85.9%

(1.0)

pts

Delta Mainline

86.2%

85.9%

0.3

pts

85.9%

87.0%

(1.1)

pts

Regional

80.2%

79.8%

0.4

pts

79.8%

80.5%

(0.7)

pts

International

83.8%

85.1%

(1.3)

pts

83.8%

83.4%

0.4

pts

Latin America

84.8%

81.2%

3.6

pts

84.8%

82.9%

1.9

pts

Delta Mainline

85.2%

81.3%

3.9

pts

84.9%

83.0%

1.9

pts

Regional

75.5%

78.5%

(3.0)

pts

80.3%

78.6%

1.7

pts

Atlantic

81.6%

86.4%

(4.8)

pts

81.0%

82.3%

(1.3)

pts

Pacific

87.6%

84.9%

2.7

pts

88.3%

85.9%

2.4

pts

Total System

84.6%

85.0%

(0.4)

pts

84.4%

84.9%

(0.5)

pts

Mainline Completion Factor

99.9%

100.0%

(0.1)

pts

Passengers Boarded

14,991,797

14,547,837

3.1%

138,704,972

135,159,161

2.6%

Cargo Ton Miles (000):

171,034

184,732

(7.4%)

1,474,098

1,657,257

(11.1%)

aResults include flights operated under contract carrier arrangements



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