Delta Air Lines (DAL) April Traffic Increases 3.7%, Capacity Up 4%

Delta Air Lines (NYSE: DAL) today reported operating performance for April 2018. The company carried 15.9 million passengers across its broad global network, a record for the month of April.

Monthly highlights include:

• Raising $1.6 billion of unsecured debt through a mix of three-, five-, and 10-year notes at a blended rate of 3.85 percent. The proceeds from this offering were used to refinance current secured loans, lowering Delta's overall interest expense by $20 million annually and further strengthening the company's financial foundation.
• Offsetting carbon emissions for more than 170,000 customers, in honor of Earth Month. Since 2012, Delta has achieved carbon neutral growth through the purchase of more than 8 million carbon offsets, which have helped Delta invest in environmental sustainability in more than 15 countries worldwide.
• Adding more flights between New York-JFK and the Caribbean and extending year-round nonstop access to Europe this winter from several U.S. gateways including New York-JFK to Lisbon, Los Angeles to Paris and Amsterdam, Indianapolis to Paris, and Orlando to Amsterdam.
• Completing the 15th Global Build with Habitat for Humanity, a global nonprofit organization that helps families build or improve a place they can call home. Delta employees partnered with China Eastern to help with the construction of six new homes for local families in Sancun, a small village north of Guangzhou, China.

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