Delta Reports Lower Metrics for February
Delta Air Lines 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.
The article Delta Reports Lower Metrics for February originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Delta Air Lines, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.