Cranky Weekly Review presented by Oakland San Francisco Bay Airport: Delta’s Earnings, Cape Air’s New Air Conditioning Trial
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Delta Leads off Q1 Earnings
Delta led off Q1 earnings season this week, posting operating revenue just shy of $16 billion, with an operating profit of $501 million, giving it an operating margin of 3.2%. The overall numbers came in line with its initial guidance for the quarter, with outlook for Q2 to end up with a profit around $1 billion. It expects Q2 revenue to increase between 10 and 15% leading to an operating margin of 6-8% and approximately $1-$1.50 earnings per share. Upon hearing th
Delta led off Q1 earnings season this week, posting operating revenue just shy of $16 billion, with an operating profit of $501 million, giving it an operating margin of 3.2%. The overall numbers came in line with its initial guidance for the quarter, with outlook for Q2 to end up with a profit around $1 billion. It expects Q2 revenue to increase between 10 and 15% leading to an operating margin of 6-8% and approximately $1-$1.50 earnings per share. Upon hearing th
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