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Delta Air Lines manages US$7 million profit in Q4

AP
January 23, 2013, 12:01 am TWN

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MINNEAPOLIS -- Delta says its fourth-quarter profit was nearly wiped out by Superstorm Sandy in the U.S. and special charges.

Delta recorded a profit of US$7 million for the quarter, or a penny per share. During the same period last year it earned US$425 million, or 51 cents per share.

U.S.-based Delta says that without special items it would have earned US$238 million, or 28 cents per share. Revenue rose 2 percent to US$8.6 billion.

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