Delta Sees Strong Annual Profit
The second largest U.S. airline Delta Air Lines Inc. (NYSE:DAL) expects to earn a profit of $800 million for the full fiscal year amid rising fuel prices and a slow moving economy. Fuel expenses would rose 30% from the last year, resulting in $3 billion of extra fuel cost. The company had already generated a [...]
The second largest U.S. airline Delta Air Lines Inc. (NYSE:DAL) expects to earn a profit of $800 million for the full fiscal year amid rising fuel prices and a slow moving economy. Fuel expenses would rose 30% from the last year, resulting in $3 billion of extra fuel cost.
The company had already generated a profit of $429 million in the first nine months. Excluding special items, adjusted earnings would be $1.1 billion for the full year, as stated by the company at its investor meet in New York. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards