Delta says January revenue measure rose 5 percent
ATLANTA (AP) — Delta Air Lines Inc. said on Tuesday that a key measure of revenue rose 5 percent in January, as domestic demand and revenue from corporate travelers rose.
Winter storms forced Delta to cancel almost 4,000 flights, mostly in Atlanta, its biggest hub. The cancellations actually boosted its per-seat revenue figure, because the money from the remaining passengers was spread over fewer seats.
Delta traffic rose 4.2 percent in January, including a gain of about 7 percent internationally and 2 percent in the U.S.
Flying capacity rose just 1.8 percent, in part because of the winter storm cancellations.
Because Delta added more passengers than seats, occupancy on its planes rose 1.8 percentage points, to 81.2 percent.