Delta Air Lines-Earnings Preview

ATLANTA (AP) - Delta Air Lines is scheduled to report its third-quarter

earnings on Wednesday. According to analysts’ projections, the Atlanta-

based carrier could make out a small adjusted profit for the three-month

period.

Delta's president and chief financial officer, Ed Bastian, said Sept. 18

that Delta expected its third-quarter results to be in the range of break-

even to a modest loss.

The airline industry has been beset for an extended period by hefty fuel

prices.

The price of a barrel of oil has dropped off considerably since its

record high close of $147.27 back on July 11.

Delta and other airlines have continued to cut domestic capacity,

raise fares and boost revenue through new and higher fees imposed

on passengers.


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