How Is Earnings Season Setting Up For The Airliners?

BENZINGA | on Tue, Apr 4, 2:37 PM

Airline stocks[1] were suffering another down day on Tuesday after Delta Air Lines, Inc. (NYSE: DAL[2]) reported March traffic numbers and updated shareholders on second-quarter guidance. Update Gist Here are the highlights from Delta's investor update: Projected March quarter operating margin is expected to be in the 10.0–11.0 percent range. March PRASM came in at 0.5 percent. In the March quarter, passenger unit revenue declined an estimated 0.5 percent. Delta returned roughly $350 million ...

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