Delta Air Lines announced it made US$923 million in adjusted pre-tax fourth-quarter income, which was down $524 million, year-over-year, a decline the carrier attributed to it’s new pilot agreement, which entailed a substantial retroactive pay hike. The Atlanta-based carrier’s Q4 net income fell 37 percent to $622 million.
Fourth-quarter cargo revenues also slid 9.8 percent, y-o-y, to $174 million. Full-year earnings fell 18 percent, y-o-y, to $668 million.
During Q4, the carrier’s salary …
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Source: aircargoworld