Tag: Delta

Delta Air Lines Announces December Quarter and Full Year 2017 Profit

DELTA AIR LINES LOGO

– December quarter 2017 GAAP pre-tax income of $1.1 billion, net income of $572 million and earnings per diluted share of $0.80

– December quarter 2017 adjusted pre-tax income(1) of $1.0 billion, adjusted net income of $681 million and adjusted earnings per diluted share of $0.96

– Full year 2017 GAAP pre-tax income of $5.7 billion and adjusted pre-tax income of $5.5 billion, resulting in $1.1 billion profit sharing for Delta people

– Full year 2017 GAAP operating cash flow of $5.1 billion and adjusted operating cash flow of $6.8 billion used to invest in Delta’s business, strengthen its investment grade balance sheet, and fund $2.4 billion of dividends and share repurchases