Bangkok--11 Jun--Jigsaw Communication
Bangkok, June 10, 2013 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial and operating performance for May
2013.
(Logo: http://photos.prnewswire.com/prnh/20090202/DELTALOGO )
Consolidated passenger unit revenue (PRASM) for the month of May increased 0.5% year over year driven by unit revenue gains in
Delta's New York hubs and the international entities, which offset 1 point of negative impact to system PRASM from the yen devaluation.
Delta completed 99.9 percent of its flights in May and ran an on-time arrival rate of 86.2 percent. Over the Memorial Day travel
weekend, Delta carried more than 1.3 million passengers, with a 99.98 percent completion factor and a 91 percent on-time arrival rate.
The company's financial and operating performance is detailed below.
Preliminary Financial and Operating Results
May Consolidated PRASM change year over year 0.5%
Projected June quarter fuel price per gallon, adjusted $3.00-$3.05
May On-time performance (preliminary DOT A14) 86.2%
May Mainline completion factor 99.9%
Note: Fuel price includes taxes, transportation, settled hedges, hedge premiums and refinery impact, but excludes mark to market
adjustments on open hedges.
Delta Air Lines serves more than 160 million customers each year. Delta was named by Fortune magazine as the most admired airline
worldwide in its 2013 World's Most Admired Companies airline industry list, topping the list for the second time in three years. With an
industry-leading global network, Delta and the Delta Connection carriers offer service to 328 destinations in 64 countries on six
continents. Headquartered in Atlanta, Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 700
aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry's leading trans-Atlantic joint
venture with Air France-KLM and Alitalia. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights,
with hubs in Amsterdam, Atlanta, Cincinnati,Detroit, Memphis, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de
Gaulle, Salt Lake City and Tokyo-Narita. Delta is investing more than $3 billion in airport facilities and global products, services and
technology to enhance the customer experience in the air and on the ground. Additional information is available on delta.com, Twitter
@Delta, Google.com/+Delta and Facebook.com/delta.
Forward Looking Statements
Statements in this press release that are not historical facts, including statements regarding our estimates, expectations,
beliefs, intentions, projections or strategies for the future, may be "forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to
differ materially from the estimates, expectations, beliefs, intentions, projections and strategies reflected in or suggested by the
forward-looking statements. These risks and uncertainties include, but are not limited to, the cost of aircraft fuel; the availability of
aircraft fuel; the impact of posting collateral in connection with our fuel hedge contracts; the impact of significant funding obligations
with respect to defined benefit pension plans; the impact that our indebtedness may have on our financial and operating activities and our
ability to incur additional debt; the restrictions that financial covenants in our financing agreements will have on our financial and
business operations; labor issues; interruptions or disruptions in service at one of our hub airports; our dependence on technology in our
operations; disruptions or security breaches of our information technology infrastructure; the ability of our credit card processors to take
significant holdbacks in certain circumstances; the possible effects of accidents involving our aircraft; the effects of weather, natural
disasters and seasonality on our business; the effects of an extended disruption in services provided by third party regional carriers;
failure or inability of insurance to cover a significant liability at the Trainer refinery; the impact of environmental regulation on the
Trainer refinery; our ability to retain management and key employees; our ability to use net operating losses to offset future taxable
income; competitive conditions in the airline industry; the effects of extensive government regulation on our business; the effects of
terrorist attacks; the effects of the rapid spread of contagious illnesses; and the costs associated with insurance.
Additional information concerning risks and uncertainties that could cause differences between actual results and forward-looking
statements is contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the fiscal year
ended Dec. 31, 2012. Caution should be taken not to place undue reliance on our forward-looking statements, which represent our views only
as of June 4, 2013, and which we have no current intention to update.
-KP-
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