The mass shooting at Mandalay Bay Resort & Casino on
Oct. 1 that killed 58 concert-goers hasn't reduced demand for Delta flights to Las
"I hope it's not a sad commentary on the human state
that we are getting used to this," Delta president Glen Hauenstein said
during the carrier's quarterly earnings call Wednesday.
In contrast, said Hauenstein, hurricanes in the Caribbean
have altered Delta's plans for the region in 2018. The carrier has already
removed capacity and on aggregate expects capacity in the Latin America/Caribbean
market will be flat in 2018.
Destinations in the Caribbean that were spared by hurricanes
Irma and Maria should grow marginally next year, making up for a drastic
decline in capacity to hard-hit Caribbean islands.
Irma and Maria struck the Caribbean in September, wreaking
havoc on the U.S. and British Virgin Islands, St. Maarten/St. Martin, Puerto
Rico, Anguilla, St. Barts and Dominica, among other islands.
Hauenstein said that demand for travel to Southwest Florida,
where Irma made a mainland landfall, is rebounding quickly. Key West, 23 miles
from where the storm made its initial Florida landfall, is the Florida market recovering
Hauenstein's comments came as Delta reported net income in
the third quarter of $1.18 billion, down 6% year over year. The decline came as
operating expenses rose 8%, to $9.2 billion. The increase was driven by a 10%
leap in wages and salaries and a 7% jump in fuel costs.
In addition, Delta says it had a bottom-line impact of $120
million from Hurricane Irma.
Delta's operating revenue for the summer quarter was up 6%
from last year at $11.06 billion, $20 million more than analyst expectations,
according to the website Seeking Alpha.
Earnings per share were $1.57, beating analyst expectations
by 3 cents.