Local

Delta Air Lines Posts Small 1Q Profit

View Comments
Delta Plane, Flight, Generic

(credit: Karen Bleier/AFP

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. Here's How To Keep Your Family Healthy This Flu Season
  2. 4 Things To Know For Oct. 21, 2014
  3. The Lowdown: 'Breaking Bad' Dolls Enrage Parents
  4. Free Financial Advice This Weekend In St. Paul
  5. MN Family Wants Down Syndrome Diagnoses To Change

MINNEAPOLIS (AP) — Delta Air Lines is reporting a small first-quarter profit, as passengers paid more to fly.

The world’s second-biggest airline says revenue rose even though it cut flying slightly.

Delta earned $7 million, or a penny per share. Not counting special items, it would have earned $85 million, or 10 cents per share — better than analysts had been expecting.

Revenue rose 1 percent to $8.5 billion, matching analyst expectations.

The first three months of the year are often money-losers for airlines. Delta says this was its best first-quarter profit in more than a decade.

Yield, which is one way to measure fares, rose 2.1 percent.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,903 other followers