Flying Fuller Planes Pushes Delta Air Lines (DAL) Profit Up

DAL profits were up 17% in Q2 2014

   

Flying Fuller Planes Pushes Delta Air Lines (DAL) Profit Up

Delta Air Lines (DAL) saw an increase in profits during its second quarter of 2014.

Delta Flying Fuller Planes Pushes Delta Air Lines (DAL) Profit UpDelta Air Lines saw profits for Q2 2014 rise by 17%. The company claims that it had fuller plans to thank for the increased profit. Fuller planes means that the company doesn’t spend as much fuel on flights that have less travelers, reports Arab News.

Delta Air Lines has been able to keep the average flight 86% full. It has also increased fare and added other minor charges, such as fees for roomier seats, to increase its profits. The company’s revenue for Q2 2014 was $10.62 billion, which is up 9.4% from Q2 2013′s $9.71 billion, Arab News notes.

Delta Air Lines also posted profits of $13 million from its Trainer oil refinery located in Delaware County.

DAL shares were up 3% as of Wednesday afternoon.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/07/delta-air-lines-dal/.

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