Delta Reports Operating Performance For December 2015
Delta Air Lines today reported financial and operating performance for December 2015.
Consolidated passenger unit revenue (PRASM) for the month of December declined 5.0% year over year. Results for the month included a 2 point headwind from calendar timing of the Thanksgiving holiday and 2 points of pressure from foreign exchange.
In an Investor Update issued this morning, Delta announced that it expects its operating margin to be 16.5% - 17.5% and its unit revenue to decline approximately 1.5% for the December quarter.
The company's financial and operating performance is detailed below.
Preliminary Financial and Operating Results
December consolidated PRASM change year over year (5.0)%
December mainline completion factor 99.75%
December on-time performance (preliminary DOT A14) 83.6%