Delta Air Lines Reports September Traffic
Wednesday October 6, 4:30 pm ET
ATLANTA, Oct. 6 /PRNewswire-FirstCall/ -- Delta Air Lines (NYSE: DAL - News) today reported traffic results for the month of September 2004. System traffic for September 2004 increased 8.6 percent from September 2003 on a capacity increase of 4.6 percent. Delta's system load factor was 70.5 percent in September 2004, up 2.7 points from the same period last year.
"Delta's financial performance continued to deteriorate during the September quarter as a result of a decline in domestic yields and fuel prices that climbed to record high levels," said Gerald Grinstein, Delta's chief executive officer. "In addition, our operations were negatively impacted by four major hurricanes during the quarter."
Domestic traffic in September 2004 increased 6.3 percent year over year while capacity increased 2.0 percent. Domestic load factor in September 2004 was 68.1 percent, up 2.8 points from the same period one year ago. International traffic in September 2004 increased 15.6 percent year over year on a 13.7 percent increase in capacity. International load factor was 78.0 percent, up 1.3 points from September 2003. During September 2004, Delta operated its schedule at a 94.7 percent completion rate, compared to 99.0 percent in September 2003. Delta boarded 8,060,346 passengers during the month of September 2004, an increase of 1.8 percent from September 2003.
Wednesday October 6, 4:30 pm ET
ATLANTA, Oct. 6 /PRNewswire-FirstCall/ -- Delta Air Lines (NYSE: DAL - News) today reported traffic results for the month of September 2004. System traffic for September 2004 increased 8.6 percent from September 2003 on a capacity increase of 4.6 percent. Delta's system load factor was 70.5 percent in September 2004, up 2.7 points from the same period last year.
"Delta's financial performance continued to deteriorate during the September quarter as a result of a decline in domestic yields and fuel prices that climbed to record high levels," said Gerald Grinstein, Delta's chief executive officer. "In addition, our operations were negatively impacted by four major hurricanes during the quarter."
Domestic traffic in September 2004 increased 6.3 percent year over year while capacity increased 2.0 percent. Domestic load factor in September 2004 was 68.1 percent, up 2.8 points from the same period one year ago. International traffic in September 2004 increased 15.6 percent year over year on a 13.7 percent increase in capacity. International load factor was 78.0 percent, up 1.3 points from September 2003. During September 2004, Delta operated its schedule at a 94.7 percent completion rate, compared to 99.0 percent in September 2003. Delta boarded 8,060,346 passengers during the month of September 2004, an increase of 1.8 percent from September 2003.
