Tuesday, August 05, 2008

Delta Air Lines Reports July Traffic

Delta Air Lines (NYSE: DAL) today reported traffic results for July 2008. International traffic increased 15.0 percent year over year on a 16.2 percent increase in capacity, and load factor declined 0.9 points. As a result of the airline’s global expansion, a record number of passengers flew internationally on Delta during the month of July. The number of international, Atlantic and Pacific passengers increased 8.9 percent, 14.7 percent and 67.9 percent, respectively, versus the same period last year.

Delta’s domestic traffic in July 2008 decreased 6.8 percent year over year on 7.6 percent lower capacity. Domestic load factor increased 0.7 points compared to July 2007. In addition, system traffic in July 2008 increased 0.7 percent over July 2007 on a capacity increase of 0.9 percent. Delta’s system load factor was flat compared to the same period last year.

“Solid demand and a favorable pricing environment yielded another month of strong international unit revenue growth on top of double-digit capacity increases, demonstrating the continued benefits from Delta’s multiyear network restructuring, aggressive yield management efforts and improved product,” said Glen Hauenstein, Delta’s executive vice president -- Network Planning and Revenue Management. “Passenger revenue growth, combined with an unwavering focus on our 2008 initiatives - including growth in cargo and ancillary revenues, and increased fees - resulted in strong top-line revenue growth in the month of July.”

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