Delta Air Lines (DAL) fell short of estimates for the airline operator's third quarter, posting profits of $1.50 per share ($1.52 was expected) and revenue...
) fell short of estimates for the airline operator's third quarter, posting profits of $1.50 per share and revenue of $14.59 billion .“The five days were really, really tough on our people as well as our customers. But in, in the weeks immediately following CrowdStrike, our company was back on top as the No. 1 position in terms of industry reliability, as we've been all year long," Bastian told Yahoo Finance.
"The results are a little bit muddy from CrowdStrike, but labor costs were up 13% year-over-year. So, labor continues to be a big challenge for the airlines. And again, with this revenue, this unit revenue declining, that makes things more challenging," Ferguson says, explaining the struggle an airline like Delta will face as it strives to grow in the marketplace.) were cutting capacity. So I think the quarter will be challenging.
Kate and William meet families of Southport stabbing victims in first public visit since end of cancer treatment
Ed Bastian George Ferguson Earnings Per Share Crowdstrike Airline Labor Costs
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Delta Air Lines planes collide on Atlanta taxiway but no one is hurtNo injuries were reported and Delta said passengers would be rebooked on other flight
Read more »
Delta Air Lines planes collide on Atlanta taxiway but no one is hurtATLANTA (AP) — Two Delta Air Lines planes collided on a taxiway at Atlanta's airport Tuesday morning, with a larger plane knocking over the tail of a smaller...
Read more »
Air Canada, pilots reach tentative deal, averting strikeAir Canada and Air Canada Rouge will continue to operate as normal, airline says.
Read more »
Air Canada, pilots reach tentative deal, averting strikeAir Canada and Air Canada Rouge will continue to operate as normal, airline says.
Read more »
Cabin pressure issue on Delta flight causes bloody ears and noses for passengersSome Delta Air Lines passengers are recovering after a pressurization issue on a flight caused bloody noses and other issues, according to statements.
Read more »
Analyst makes 10 changes to RBC’s Top 40 domestic stock picks listDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »