Leading U.S. passenger carrier
Delta Air Lines
) witnessed better traffic in May 2013, due to healthier
international activities in Latin America, Atlantic and Pacific
The company's airline traffic - measured in revenue passenger
miles or RPMs, which implies revenue generated per mile per
passenger - increased 1.4% year over year to 16.8 billion.
Consolidated capacity (or available seat miles/ASMs) for the
month nudged up 0.7% from May 2012 to 19.8 billion.
The load factor or percentage of seats filled by passengers
improved 70 basis points from the fifth month of 2012 to 84.8%.
Passenger revenue per available seat mile (PRASM) improved 0.5%
year over year, supported by higher unit revenue generated in the
company's New York airports. The company registered a completion
factor of 99.9%, with nearly 86.2% of its flights on schedule.
For the first five months of 2013, Delta generated RPMs of 75.4
billion (down 0.2% year over year) and ASMs of 91.8 billion (down
1.3% year over year), while load factor was 82.1%, up 90 basis
Delta - the second largest airline company in the U.S. after
United Continental Holdings Inc.
) - is well positioned for the coming days owing to its various
strategic initiatives such as route launches, renovation of
airport terminals, revamping of fleet structures and profitable
Recently, Delta re-launched seasonal nonstop service between
Pablo Ruiz Picasso airport and New York's John F. Kennedy
airport, with four weekly flights. The company will execute the
The Boeing Company
) 757-200 aircraft, in association with the partner - Air France
Delta operates with the likes of
Southwest Airlines Co.
) and carries a Zacks Rank #2 (Buy).
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