The FINANCIAL - Delta Reports Financial and Operating Performance for May 2015

Delta Reports Financial and Operating Performance for May 2015

Delta Reports Financial and Operating Performance for May 2015

The FINANCIAL -- Delta Air Lines on June 2 reported financial and operating performance for May 2015.

Consolidated passenger unit revenue (PRASM) for the month of May decreased 5.5 percent year over year, with roughly half of the decline due to foreign exchange pressure and lower surcharges in international markets and the remainder from lower domestic yields. Delta now expects consolidated PRASM for the June quarter to decline approximately 4 to 5 percent, with the change from previous guidance a result of lower-than-expected close-in domestic business yields, according to Delta Air Lines.

 

Author: The FINANCIAL


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