Wed. Nov 20th, 2019

Delta earns 2,173 million dollars in the first half, 36% more



The airline Delta Airlines earned 2,173 million dollars in the first half of 2019, 36% more than in the same period last year, a figure above what was expected by analysts that has led the company, without any Boeing 737 Max in its fleet, to rise 1.5% in the trading session.

The firm based in Atlanta (USA) desgranó on Thursday in a statement that had a benefit per share of $ 3.30 in the first six months, above the 2.28 obtained in the same period of 2017, when he won 1,594 million dollars.

Delta's operating income in the first half of 2018 was 23,008 million, 6% more than in the previous year, when its turnover was 21,743 million dollars.

As for the results of the second quarter, which were paying attention today Wall Street analysts, the airline had a profit of 1.443 million ($ 2.22 per share), 39% more than in the same period of 2018, when it earned 1,036 million dollars ($ 1.49 per share).

It obtained a record income of 12,536 million dollars, 6% more than between March and June of the previous year, when it invoiced 11.775 million dollars.

"Our record financial and operating results for June show that we are translating our powerful brand and our competitive advantages into profit growth, margin expansion and solid returns for our owners," Delta executive director Ed Bastian said in a statement.

With this "solid" first semester and "the momentum of our customer-centric initiatives, we are increasing our year-round earnings guidance from $ 6.75 per share to 7.25," he added.

The results, released on Thursday morning, were well received by investors and the company's shares advanced 1.5% within two hours of starting the session on the New York Stock Exchange.

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