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Delta Air Lines announces pre-tax income of $1.2b for Dec. quarter - Nigerian Frank News
Delta Air Lines has reported financial results for the December quarter and full year 2018 including both GAAP and adjusted metrics. Adjusted pre-tax income for the December quarter 2018 was $1.2 billion driven by over $700 million of revenue growth, allowing the company to fully recapture the $508 million increase in adjusted fuel expense and produce an 11 percent adjusted pre-tax margin. Adjusted earnings per share increased by 42 percent year over year to $1.30. For the full year, adjusted pre-tax income was $5.1 billion, a $137 million decrease…