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Delta Air Lines (DAL) PRASM Rose 4.5% in Nov.

December 2, 2014 9:02 AM EST
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Price: $89.00 --0%

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Delta Air Lines (NYSE: DAL) reported financial and operating performance for November 2014.

Consolidated passenger unit revenue (PRASM) for the month of November increased 4.5 percent year over year, driven by the strong unit revenue performance in the domestic entity, with particular strength in Atlanta and Seattle, along with the calendar placement of the Thanksgiving holiday which shifted the highest revenue day of the year from December back into November.

Delta carried more than 2.6 million passengers on over 28,000 flights over the Thanksgiving holiday, with a monthly completion factor of 99.9 percent and an on-time arrival rate of 86.6 percent.

The company’s financial and operating performance is detailed below.

Preliminary Financial and Operating Results

November consolidated PRASM change year over year4.5%
November mainline completion factor99.9%
November on-time performance (preliminary DOT A14)86.6%

Delta Air Lines serves nearly 165 million customers each year. This year, Delta was named the 2014 Airline of the Year by Air Transport World magazine and was named to FORTUNE magazine’s 50 Most Admired Companies, in addition to being named the most admired airline for the third time in four years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 319 destinations in 59 countries on six continents. Headquartered in Atlanta, Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 700 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry’s leading trans-Atlantic joint venture with Air France-KLM and Alitalia as well as a newly formed joint venture with Virgin Atlantic. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Minneapolis/St. Paul, New York-JFK, New York-LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. Delta has invested billions of dollars in airport facilities, global products, services and technology to enhance the customer experience in the air and on the ground. Additional information is available on delta.com, Twitter @Delta, Google.com/+Delta, Facebook.com/delta and Delta’s blog takingoff.delta.com.

Monthly Traffic Results (a) Year to Date Traffic Results (a)
Nov 2014 Nov 2013 Change Nov 2014 Nov 2013 Change
RPMs (000):
Domestic9,276,717 8,633,617 7.4 % 110,479,371 105,226,791 5.0%
Delta Mainline7,641,544 6,973,328 9.6 % 90,845,675 85,120,206 6.7%
Regional1,635,173 1,660,289 (1.5%) 19,633,696 20,106,585 (2.4%)
International5,579,730 5,511,014 1.2% 76,304,151 73,974,049 3.1%
Latin America1,310,431 1,205,656 8.7% 16,403,262 13,879,475 18.2%
Delta Mainline1,276,494 1,191,693 7.1% 16,068,285 13,701,018 17.3%
Regional33,937 13,963 143.1% 334,977 178,457 87.7%
Atlantic2,519,074 2,495,939 0.9% 37,400,383 37,386,467 0.0%
Pacific1,750,225 1,809,419 (3.3%) 22,500,505 22,708,107 (0.9%)
Total System14,856,447 14,144,631 5.0% 186,783,522 179,200,840 4.2%
ASMs (000):
Domestic11,296,313 10,967,909 3.0% 129,498,155 126,880,291 2.1%
Delta Mainline9,144,039 8,734,888 4.7% 104,779,077 100,804,030 3.9%
Regional2,152,274 2,233,021 (3.6%) 24,719,078 26,076,261 (5.2%)
International7,143,683 6,838,587 4.5% 90,920,647 87,340,506 4.1%
Latin America1,645,949 1,437,881 14.5% 19,713,290 16,551,578 19.1%
Delta Mainline1,597,925 1,420,671 12.5% 19,265,492 16,321,508 18.0%
Regional48,024 17,210 179.0% 447,797 230,070 94.6%
Atlantic3,291,286 3,180,413 3.5% 44,240,788 43,838,780 0.9%
Pacific2,206,447 2,220,293 (0.6%) 26,966,569 26,950,148 0.1%
Total System18,439,995 17,806,496 3.6% 220,418,801 214,220,797 2.9%
Load Factor:
Domestic82.1% 78.7% 3.4 pts85.3% 82.9% 2.4 pts
Delta Mainline83.6% 79.8% 3.8 pts86.7% 84.4% 2.3 pts
Regional76.0% 74.4% 1.6 pts79.4% 77.1% 2.3 pts
International78.1% 80.6% (2.5)pts83.9% 84.7% (0.8)pts
Latin America79.6% 83.8% (4.2)pts83.2% 83.9% (0.7)pts
Delta Mainline79.9% 83.9% (4.0)pts83.4% 83.9% (0.5)pts
Regional70.7% 81.1% (10.4)pts74.8% 77.6% (2.8)pts
Atlantic76.5% 78.5% (2.0)pts84.5% 85.3% (0.8)pts
Pacific79.3% 81.5% (2.2)pts83.4% 84.3% (0.9)pts
Total System80.6% 79.4% 1.2 pts84.7% 83.7% 1.0 pts
Mainline Completion Factor99.9% 99.9% 0.0 pts
Passengers Boarded13,271,993 12,535,734 5.9% 157,674,302 151,299,270 4.2%
Cargo Ton Miles (000):196,296 200,792 (2.2%) 2,178,923 2,161,674 0.8%

Endnote:
a Results include flights operated under contract carrier arrangements


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