Delta: July Revenue Rises on Higher Fares, Fuller Planes
Press release from the issuing company
Tuesday, August 5th, 2014
Delta Air Lines today reported financial and operating performance for July 2014.
Consolidated passenger unit revenue (PRASM) for the month of July increased 3.0 percent year over year driven by continued strength in domestic markets.
Delta's solid operating performance continued through July, with a monthly completion factor of 99.7 percent and an on-time arrival rate of 86.3 percent.
The company's financial and operating performance is detailed below.
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Preliminary Financial and Operating Results
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July consolidated PRASM change year over year
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3.0%
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Projected September quarter PRASM change year over year
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2 - 4%
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Projected September quarter fuel price per gallon, adjusted
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$2.88 - $2.93
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July mainline completion factor
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99.7%
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July on-time performance (preliminary DOT A14)
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86.3%
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Note: Fuel price includes taxes, transportation, settled hedges, hedge premiums and refinery impact, but excludes mark to market adjustments on open hedges.
