5 Things Delta Air Lines, Inc. Management Wants You to Know
Last week, Delta Air Lines (NYSE: DAL) kicked off earnings season for the airline industry by reporting a solid pretax profit (before special items) of $1.72 billion. Nevertheless, its adjusted pretax margin of 15.6% was down significantly relative to Q3 2016, and Delta fell well short of its initial margin forecast for the quarter.
Disruption caused by the numerous natural disasters of the past few months was the main reason why Delta missed its targets last quarter. Rising fuel prices caused additional margin pressure.
Following the earnings report, Delta's top executives spent an hour talking to airline analysts about how the company plans to return to profit growth in 2018. Here are five key points that they highlighted.
Source: Fool.com
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