Delta Posts $19 Million Fourth Quarter Profit

Jan 18, 2011 - 13:21
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Delta Posts $19 Million Fourth Quarter Profit

MINNEAPOLIS -- Delta is opening eaings season for airlines with a $19 million profit for the fourth quarter.

But shares fell in premarket trading as Delta says it is adding more flying capacity. Investors may question if there is enough demand to support it.

Delta plans to increase its capacity as much as 7 percent overall during the first quarter. Much of that is on inteational routes.

Delta Air Lines Inc. eaed 2 cents per share for the fourth quarter. Not counting special items it would have eaed 19 cents per share. Analysts surveyed by FactSet expected 25 cents per share.

Revenue rose 14 percent to $7.79 billion, which is more than analysts expected.

Delta shares dropped 4.7 percent to $12.15 in premarket trading.

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Mike Gallagher Mike Gallagher is a Georgia-based freelance journalist covering local news, community developments, and regional issues that matter most to residents across the state. Writing for Georgianewsday.com since 2016, Mike has built a reputation for clear, balanced reporting and a strong connection to the communities he serves. His work spans city council decisions, school board updates, small business features, public safety reports, and statewide policy changes. In addition to local coverage, Mike occasionally reports on state politics and national headlines, offering readers context on how broader decisions impact Georgia communities. Known for his steady, fact-driven approach, Mike prioritizes accuracy, fairness, and accessibility in every story. Whether covering a town hall meeting or breaking political developments, he aims to inform readers with clarity and integrity. Outside the newsroom, Mike remains actively engaged in Georgia’s civic landscape, always seeking the next story that shapes the state’s future.