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Delta posts smaller-than-expected fall in passenger unit revenue
October 4, 2016 by creative · Leave a Comment
Delta's shares were up 3.5 percent at $40.38 in early trading on Tuesday. The company, the second-largest U.S. airline by passenger traffic, reported a 3 percent decline in consolidated passenger unit revenue. Delta said the fall in September was due to a supply-demand imbalance on transatlantic routes and headwinds from prior-year yen hedge gains.
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Delta posts smaller-than-expected fall in passenger unit revenue