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High air fares help Delta climb above fuel, payroll costs

Por: Portland Press Herald World October 13, 2022

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Delta Air Lines reported a $695 million profit for the third quarter of this year, with pricey air fares bringing in record revenue that covered higher costs for fuel and payroll and then some. Atlanta-based Delta’s unit revenue – an industry measure of how much a passenger pays to fly each mile – was up 23% in the quarter compared with 2019. Delta in the third quarter flew 17% less capacity than it did in the same period of 2019, yet... + full article



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