The FINANCIAL — Delta on December 2 reported financial and operating performance for November 2015.
Consolidated passenger unit revenue (PRASM) for the month of November increased 1.5 percent year over year, as Delta’s winter capacity actions continue to benefit results. The calendar timing of the Thanksgiving holiday was a 2 point benefit, while foreign exchange was a 2 point headwind in the month, according to Delta.
Passenger unit revenue (PRASM) for the December quarter is projected to be at the high end of the guidance range of down 2.5 – 4.5 percent, provided on the September quarter earnings call. Delta’s projected December quarter fuel price of $1.82 – $1.87 includes $0.06 of early hedge settlements during the quarter.
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