Delta Air Lines reported a $695 million profit for the third quarter of this year, with pricey air fares bringing in record revenue that covered higher costs for fuel and payroll and then some.
Atlanta-based Delta’s unit revenue — an industry measure of how much a passenger pays to fly each mile — was up 23% in the quarter compared with 2019.
Delta in the third quarter flew 17% less capacity than it did in the same period of 2019, yet brought in 3% more revenue, boosted by higher prices for flights.