Delta posts $1B third-quarter profit

Delta Air Lines reported a third-quarter net profit of just more than $1 billion, aided by $279 million in one-time items. The result compared to a $549 million profit a year earlier.

Total passenger revenue edged upward 1% to nearly $8.7 billion and passenger unit revenue rose 3% thanks to a 3% increase in passenger yield.

"We expect our revenue performance to benefit from our continued capacity discipline and further corporate travel gains," according to Delta President Ed Bastian.

Source: Business Travel News

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