Apples to apples.
DAL's 2012 Jan-Mar quarter three years after their merger,
- Excluding special items(1), Delta's net loss for the March 2012 quarter was $39 million, or $0.05 per share, and its pre-tax loss was $36 million.
UAL's 2012 Jan-Mar quarter three years after their merger,
- We reported Thursday a first-quarter 2014 net loss of $489 million, or $1.33 per share, excluding $120 million of special items. Including special items, we reported a first-quarter 2014 net loss of $609 million, or $1.66 per share.
Looks like we're right on track. To somewhere.