Delta Airlines 2015 Annual Report Download - page 33
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Please find page 33 of the 2015 Delta Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.TableofContents
ResultsofOperations-2015Comparedto2014
Operating Revenue
YearEndedDecember31, Increase
(Decrease)
%Increase
(Decrease)(inmillions) 2015 2014
Passenger:
Mainline $ 28,898 $ 28,688 $ 210 0.7%
Regionalcarriers 5,884 6,266 (382) (6.1)%
Totalpassengerrevenue 34,782 34,954 (172) (0.5)%
Cargo 813 934 (121) (13.0)%
Other 5,109 4,474 635 14.2%
Totaloperatingrevenue $ 40,704 $ 40,362 $ 342 0.8%
Passenger Revenue
Increase(Decrease)
vs.YearEndedDecember31,2014
(inmillions)
YearEnded
December31,2015
Passenger
Revenue
RPMs
(Traffic)
ASMs
(Capacity)
PassengerMile
Yield PRASM LoadFactor
Mainline $ 17,933 5.4% 6.7% 6.1% (1.2)% (0.6)% 0.5 pts
Regionalcarriers 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
LatinAmerica 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
Passengerrevenuedecreased$172millionovertheprioryear.PRASMdecreased3.3%andpassengermileyielddecreased3.7%on3.0%highercapacity.
Loadfactorwas0.2pointshigherthantheprioryearat84.9%.
Unitrevenuesofthemainlinedomesticregiondecreased0.6%,resultingfromweakeryieldsincertainmarkets,whichwerenearlyoffsetbythestrong
performanceinAtlanta,NewYork,SeattleandLosAngeles.
Regionalcarrierspassengerrevenuedecreased6.1%ona4.0%reductionincapacity.During2015,weremovedthirty50-seatregionalaircraftaspartofour
strategytorestructureourdomesticfleet.
Revenuesrelatedtoourinternationalregionsdecreased6.0%year-over-yearprimarilyduetotheimpactofthestrongU.S.dollarandreductionsininternational
fuelsurcharges.ThesechallengeshavebeenaddressedthroughcapacityreductionsimplementedintheDecember2015quarter.
IntheAtlanticregion,unitrevenuedeclinesinAfrica,theMiddleEastandRussiawerepartiallyoffsetbystrengthincoreEuropeanmarkets.Unitrevenue
declinesinthePacificprimarilyresultedfromthestrengthoftheU.S.dollarandlowerinternationalfuelsurcharges.WecontinuetooptimizethePacificregionin
ordertoimprovemarginsbyreducingourwintercapacity,includingthecancellationofourSeattletoTokyo-HanedarouteintheJune2015quarterand
downgaugingviathecontinuedretirementoftheB-747-400fleetduringthesecondhalfof2015.Inaddition,wehavemadeastrategicinvestmentin,and
establishedalong-termcommercialrelationshipwith,ChinaEastern.LatinAmericasawcapacitygrowthof5.7%,themajorityofwhichoccurredduringthefirst
halfof2015.IntheDecember2015quarter,wecontinuedtoinvestinhigherperformingmarketssuchasMexicoandtheCaribbean,whilereducingcapacityin
Brazilduetoitschallengingeconomicenvironment.
OtherRevenue.Otherrevenueincreased$635million,or14.2%,primarilyduetoloyaltyprogramrevenuesincludingouragreementwithAmericanExpress,
salesofnon-jetfuelproductstothirdpartiesbyouroilrefineryandmaintenancesalestothirdpartiesbyourMROservicesbusiness.
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