Delta Air Lines reported a higher-thanexpected fourth-quarter profit yesterday, aided by lower fuel costs and higher fares. Delta, now the third-largest US airline behind the newly merged American Airlines and United Continental , said it expected margins to widen in the current period. Quarterly net income was $8.5bn , aided by an $8bn tax benefit, up from $7m a year earlier. Revenue rose six per cent to $9.08bn .
Most Popular Stories
- Obama Administration Releases Proposal to Regulate For-Profit Colleges
- Elizabeth Vargas' Husband Marc Cohn Addresses Rumors
- Keurig Adds Peet's coffee, Alters Starbucks deal
- Quiznos Files for Chapter 11
- U.S. to Relinquish Gov't Control Over Internet
- Is Malaysian Airlines Flight 370 in Andaman Sea?
- Koch Brothers Step up Anti-Obamacare Campaign
- SoCalGas Reaches Record Spend on Diversity Suppliers
- Vybz Kartel Convicted of Murder
- U.S. Consumer Sentiment Falls in Early March