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%