News Column

News Summary: Delta Air Lines earnings

January 21, 2014

The Associated Press

STRONG FINISH: Delta ended 2013 with a $2.7 billion adjusted profit for the year as fares rose and fuel prices fell. PLANS FOR THIS YEAR: Delta is continuing to add very little flying, instead focusing on staying profitable on the number of flights it already offers. It plans to grow 3 percent at most in the current quarter, after posting just 1 percent growth for 2013. WHAT'S NEXT: Delta Air Lines Inc. has begun paying a dividend and buying back shares and said it will revisit how it returns cash to shareholders before its next annual meeting, which is usually held in June.


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Source: Associated Press


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