Delta Reports Financial and Operating Performance for February 2014

ATLANTA, March 4, 2014 /PRNewswire/ — Delta Air Lines (NYSE: DAL) today reported financial and operating performance for February 2014.

Consolidated passenger unit revenue (PRASM) for the month of February increased 4.0% year over year driven by continuing strong domestic demand and gains in the trans-Atlantic entity. As a result of winter storms, Delta cancelled nearly 8,000 flights during the month. February’s PRASM includes 0.5 points of benefit from these weather-related cancellations.

Delta completed 95.5 percent of its flights in February and ran an on-time arrival rate of 77.5 percent.

The company’s financial and operating performance is detailed below.

Preliminary Financial and Operating Results

February consolidated PRASM change year over year
4.0%

Projected March quarter fuel price per gallon, adjusted
$2.99 – $3.04

February mainline completion factor
95.5%

February on-time performance (preliminary DOT A14)
77.5%

Note: Fuel price includes taxes, transportation, settled hedges, hedge premiums and refinery impact, but excludes mark to market adjustments on open hedges.