Financial Analysis Of B-747-400 Airline

227 Words1 Pages
In 2014, Delta’s passenger revenue increased by $ 2.0 billion (6%) compared to the previous year as a result of a 2% increase in passenger mile yield and 4% increase in traffic. Passenger revenue per available seat mile (PRASM) also increased by 3% mainly from stronger domestic demand. Total operating expense increased $3.8 billion as compared to 2013 with consolidated operating cost per available seat mile (CASM) for 2014 increasing by 8% to 15.92 cents from 14.77 cents in 2013. Part of the reason for this increase was due to $2.3 billion related to unfavorable adjustments on fuel hedges and $716 million of fleet restructuring initiatives (early retirement of B-747-400 aircraft and the restructuring of the domestic fleet). The losses from