Delta announces Q3 2019 financials

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Delta announces Q3 2019 financials

Postby Greg on Thu Oct 10, 2019 7:21 am

Delta Air Lines made a $1.5 billion after tax profit in the third quarter of 2019. Additionally, Delta employees have reason to smile: flight attendants and ground employees will receive a four percent pay raise, and Delta has now shared $1.25 billion in profits amongst its personnel in the first nine months of the year. Finally, Delta will acquire four Airbus A350 aicraft from LATAM (LANF) and assume LATAM’s outstanding orders for 10 more A350 frames. Delta entered into a partnership with LATAM recently and will purchase a 20 percent stake in the carrier.

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