Delta Airlines 2015 Annual Report Download - page 33

TableofContents
ResultsofOperations-2015Comparedto2014
Operating Revenue

YearEndedDecember31, Increase
(Decrease)
%Increase
(Decrease)(inmillions) 2015 2014
Passenger:




Mainline $ 28,898 $ 28,688 $ 210 0.7%
Regionalcarriers 5,884 6,266 (382) (6.1)%
Totalpassengerrevenue 34,782 34,954 (172) (0.5)%
Cargo 813 934 (121) (13.0)%
Other 5,109 4,474 635 14.2%
Totaloperatingrevenue $ 40,704 $ 40,362 $ 342 0.8%
Passenger Revenue


Increase(Decrease)
vs.YearEndedDecember31,2014
(inmillions)
YearEnded
December31,2015
Passenger
Revenue
RPMs
(Traffic)
ASMs
(Capacity)
PassengerMile
Yield PRASM LoadFactor
Mainline $ 17,933 5.4% 6.7% 6.1% (1.2)% (0.6)% 0.5 pts
Regionalcarriers 5,884 (6.1)% (2.2)% (4.0)% (4.0)% (2.1)% 1.5 pts
Domestic 23,817 2.3% 5.1% 4.1% (2.6)% (1.8)% 0.8 pts
Atlantic 5,548 (4.8)% 0.6% 3.2% (5.3)% (7.7)% (2.1) pts
Pacific 3,002 (12.2)% (2.3)% (5.0)% (10.2)% (7.6)% 2.3 pts
LatinAmerica 2,415 (0.4)% 5.1% 5.7% (5.3)% (5.8)% (0.5) pts
Total $ 34,782 (0.5)% 3.3% 3.0% (3.7)% (3.3)% 0.2 pts
Passengerrevenuedecreased$172millionovertheprioryear.PRASMdecreased3.3%andpassengermileyielddecreased3.7%on3.0%highercapacity.
Loadfactorwas0.2pointshigherthantheprioryearat84.9%.
Unitrevenuesofthemainlinedomesticregiondecreased0.6%,resultingfromweakeryieldsincertainmarkets,whichwerenearlyoffsetbythestrong
performanceinAtlanta,NewYork,SeattleandLosAngeles.
Regionalcarrierspassengerrevenuedecreased6.1%ona4.0%reductionincapacity.During2015,weremovedthirty50-seatregionalaircraftaspartofour
strategytorestructureourdomesticfleet.
Revenuesrelatedtoourinternationalregionsdecreased6.0%year-over-yearprimarilyduetotheimpactofthestrongU.S.dollarandreductionsininternational
fuelsurcharges.ThesechallengeshavebeenaddressedthroughcapacityreductionsimplementedintheDecember2015quarter.
IntheAtlanticregion,unitrevenuedeclinesinAfrica,theMiddleEastandRussiawerepartiallyoffsetbystrengthincoreEuropeanmarkets.Unitrevenue
declinesinthePacificprimarilyresultedfromthestrengthoftheU.S.dollarandlowerinternationalfuelsurcharges.WecontinuetooptimizethePacificregionin
ordertoimprovemarginsbyreducingourwintercapacity,includingthecancellationofourSeattletoTokyo-HanedarouteintheJune2015quarterand
downgaugingviathecontinuedretirementoftheB-747-400fleetduringthesecondhalfof2015.Inaddition,wehavemadeastrategicinvestmentin,and
establishedalong-termcommercialrelationshipwith,ChinaEastern.LatinAmericasawcapacitygrowthof5.7%,themajorityofwhichoccurredduringthefirst
halfof2015.IntheDecember2015quarter,wecontinuedtoinvestinhigherperformingmarketssuchasMexicoandtheCaribbean,whilereducingcapacityin
Brazilduetoitschallengingeconomicenvironment.
OtherRevenue.Otherrevenueincreased$635million,or14.2%,primarilyduetoloyaltyprogramrevenuesincludingouragreementwithAmericanExpress,
salesofnon-jetfuelproductstothirdpartiesbyouroilrefineryandmaintenancesalestothirdpartiesbyourMROservicesbusiness.
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