Delta Reports Second Quarter Earnings of $467 Million
The earnings were driven by a 19% increase in passenger revenue, which rose to $7 billion, the company said in a statement. Cargo revenue advanced 22%.
"Delta's profit this quarter is our best result in a decade and proof that our plan has positioned us well as the economy begins its recovery," said Richard Anderson, Delta's chief executive officer.
Delta recorded special items of $46 million in merger-related expenses and $36 million in asset impairment charges related to aircraft retirement.