Delta Air Lines (DAL) August PRASM Fell 9.5%

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Go back to Delta Air Lines (DAL) August PRASM Fell 9.5%

Delta Reports Financial and Operating Performance for August 2016

September 2, 2016 9:00 AM EDT

ATLANTA, Sept. 2, 2016 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial and operating performance for August 2016.

Consolidated passenger unit revenue (PRASM) for the month of August declined 9.5% year over year, as the company continues to see pressure from close-in domestic yield weakness, the ongoing supply-demand imbalance in the Transatlantic, and headwinds from its Yen hedge positions.  

In addition, the outage Delta suffered in August resulted in 2,300 cancelled flights over a three day period. The outage and subsequent operational... More