Delta sees cargo loss, but overall profit

Air

Tuesday, January 22, 2013

At Delta Air Lines, cargo revenue in the fourth quarter of 2012 fell $15 million, a 5.9 percent year-over-year loss on declining freight yields. The cargo result stood in stark contrast to Delta’s overall numbers for the quarter, which showed a $238 million profit. The fourth-quarter cargo result simply served as a continuation of the decline felt throughout the year, as the carrier ended 2012 with cargo revenue down 37 percent when compared to 2011. Delt...

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