Originally Posted by
EdGrimley
A 2014 outlook might be a better benchmark to draw from...
Investment Flies High With Delta Airlines - Delta Air Lines, Inc. (NYSE
AL) | Seeking Alpha
Delta has one of the lowest fuel prices in the industry. Owning a refinery and hedging should bring $350 million in fuel-cost saving for 2014.
The present macro environment is a high-flying time for the aviation industry. World passenger load factor (percentage of seats filled with passengers) is at historic high. In this climate, Delta Airlines (NYSE
AL) has posted super-strong result better than the industry.
Savings coming from cost management and a stronger top line have granted Delta with free cash flow of more than $1.5 billion.
Going forward, Delta predicts that its operating margin will grow to about 15-17% in the third quarter on continued gains from its cost reduction measures and market growth.
Ed, that all sounds great! But for us laymen out here, do you know what the consensus is for expected profit for third quarter 2014? Thx
Denny