Thursday, October 14, 2021

Delta could close 2021 with $1 billion cargo revenue; fuel price surge may hit Dec revenue

 Delta Airlines reported revenue of $728 million from cargo operations for the nine months ended September 30, 2021, an increase of 28% from $567 million in nine months ended September 2019, an indication that the airline could end the year with almost $1 billion revenue from cargo operations with the busy holiday season ahead during the fourth quarter.



Total revenue declined 43% to $20.4 billion from $35.6 billion, according to the results announced today.

"Our September quarter marked an important milestone in our recovery with our first quarterly profit since the start of the pandemic," said Ed Bastian, chief executive officer, Delta. "Our revenues reached two-thirds of 2019 levels thanks to the industry-leading operational performance our people delivered through a busy summer, once again showing why they are the best in the business."

Read Full Story ….. www.stattimes.com

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