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Manufacturing Industry

2007 financial results announced by Delta Air Lines

Airline Industry Information,  Jan 24, 2008  

AIRLINE INDUSTRY INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD

Delta Air Lines (NYSE:DAL) has announced its financial results for the quarter and year ended 31 December 2007.

The airline reported pre-tax income of USD1.8bn in 2007, excluding reorganisation related and certain items, pre-tax income was USD625m, showing a USD1.1bn improvement as compared to 2006.

Delta reported a pre-tax loss for the quarter of USD105m, which was an USD80m improvement as compared to the prior year period, excluding reorganisation items.

In addition Delta's net income for 2007 was USD1.6bn, or USD418m, excluding reorganization related items, whilst the carrier reported a net loss of USD70m for the fourth quarter, or USD0.18 per diluted share.

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