Airplanes and finance. Delta Air Lines announces September quarter profit -SPECIALS AVIONEWS
Atlanta, Usa - Operational disruption following hurricane "Irma" that hit in particular its hub in Atlanta
Delta Air Lines yesterday reported financial results for the September quarter 2017. The highlights are: • September quarter 2017 GAAP pre-tax income of $1.8 billion, net income of $1.2 billion and earnings per diluted share of $1.64 • September quarter 2017 adjusted pre-tax income of $1.7 billion, adjusted net income of $1.1 billion and adjusted earnings per diluted share of $1.57 • The airline returned $769 million to shareholders through dividends and share repurchases. Adjusted pre-tax income for the September 2017 quarter was $1.7 billion, a $182 million decrease from the September 2016 quarter. Pre-tax income includes a $120 million reduction from the operational disruption following Hurricane "Irma" that hit the Caribbean, Florida, Georgia and, specifically, carrier’s hub in Atlanta. To assist customers and employees in affected regions, the airline operated nine humanitarian flights, added more than 12,000 additional seats to impacted cities and shipped more than 600,000 pounds of relief supplies. In addition, the carrier and its Foundation made $2.75 million in contributions to Red Cross organizations, while its employees contributed $250,000 to the American Red Cross and another $250,000 to the Delta Care Fund that directly supports fellow employees. It is possible to see the integral version of the report (12 pagese, with tables) in the "Specials" section on the left side of the AVIONEWS' home-page.
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