Pressure On Delta's Unit Revenue Will Be Partially Offset By Lower Fuel Costs

Delta Air Lines, which released its traffic results for June last week, has reported a 4.5% drop in its consolidated passenger unit revenue (revenue per passenger flown per mile) for the June quarter, higher than the company's expectations of a 2-4% decline. The foreign currency fluctuations and lower surcharges in international markets, along with the stiff competition faced by the airline both domestically as well as internationally, caused this sharp decline in unit revenue. As the Atlanta-ba...