Cranky Weekly Review presented by Oakland San Francisco Bay Airport: Delta’s Q2 Earnings, Launching Delta None
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Delta Q2 Profit Nears $2 Billion, Revenue Nears $20 Billion
Revenue continued on its record trajectory for Delta as the carrier boasted a $19.8 billion gross revenue for Q2, a whopping 19% increase from last year. But profit fell by a quarter, from $2.1 to $1.6 billion as the carrier dealt with climbing costs for both fuel and Biscoffs. Delta’s fuel costs jumped 66% at the pump, paying $3.66 per gallon, compared to just $2.21 a year ago. While fuel prices have eased in the last several
Revenue continued on its record trajectory for Delta as the carrier boasted a $19.8 billion gross revenue for Q2, a whopping 19% increase from last year. But profit fell by a quarter, from $2.1 to $1.6 billion as the carrier dealt with climbing costs for both fuel and Biscoffs. Delta’s fuel costs jumped 66% at the pump, paying $3.66 per gallon, compared to just $2.21 a year ago. While fuel prices have eased in the last several
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