Delta Reports Lower Metrics for February

Delta Air Lines (NYSE: DAL  ) saw a modest slump in most of its passenger metrics last month. For February, total revenue passenger miles -- a key metric measuring the total distance traveled by paying customers -- declined by just over 2% on a year-over-year basis to hit 12.7 billion.

Meanwhile, available seat miles -- the calculation of the total number of miles available for a carrier to sell -- declined by 5% over that same stretch of time to land a bit above 16 billion.

In terms of what was carried on its aircraft, Delta reported that the number of boarded passengers fell to 11.1 million, a drop of almost 3% from Feb. 2012's figure. Cargo ton miles declined 3.5% on an annual basis, coming in at 179 million.


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  • Report this Comment On March 05, 2013, at 8:41 AM, TMFGemHunter wrote:

    Most of the metrics that you report are more or less useless. Unit revenue (PRASM) is the key to judging performance, and Delta posted a nice 5% gain there.

    February had 29 days last year, which makes the year over year comparisons difficult. Most of the "capacity reduction" is just the effect of having only 28 days this year.

    Adam

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