Local

Delta Survives Storms & Tops Q1 Profit Forecast

credit: Tim Boyle/Newsmakers)

credit: Tim Boyle/Newsmakers)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

1133928 Delta Survives Storms & Tops Q1 Profit ForecastPick The Best Halloween Candy

181572784 8 Delta Survives Storms & Tops Q1 Profit ForecastFunny Faced Cheerleaders

 alt=Musicians Then And Now

452359772 10 Delta Survives Storms & Tops Q1 Profit ForecastBikini Models Because We're Missing Summer

 alt=Celebrities And Their Dogs

cowb thumb Delta Survives Storms & Tops Q1 Profit ForecastCowboys Cheerleaders

DALLAS (AP) - Delta is making more money by filling more seats on its planes and fuel costs inch downward from last year.

Delta Air Lines Inc. said Wednesday that net income in the first quarter was $213 million, up from $7 million a year earlier.

Excluding items such as restructuring costs, Delta earned 33 cents per share. Analysts were expecting 29 cents per share.

Revenue is up 5 percent to $8.92 billion, matching analyst forecasts.

Passengers did 4 percent more flying than in the same period last year even though bad weather caused Delta to cancel more than 17,000 flights in January and February. The storms cut Delta’s revenue by $90 million.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Latest News:

Top Trending: