Delta Air Lines Delivers 2015 Record Performance On All Fronts; Eyeing Bombardier's C Series Models?
According to Delta Air Lines Inc. (NYSE:DAL), its 2015 performance was a record for the company on all fronts – with industry-leading operational performance, superior customer satisfaction, and a full year adjusted pre-tax income of $5.9 billion, a 29% increase versus 2014 on a similar basis. As it looks ahead to 2016, Delta said that it has a significant opportunity to improve its performance even further
For the fourth quarter 2015, Delta posted adjusted net income of $926 million or $1.18 per diluted share, representing a 51% increase compared to the same period the prior year, The company's operating revenue for the December quarter decreased 2%, or $145 million, due to $160 million in foreign currency pressures.
Delta Air Lines provides scheduled air transportation for passengers and cargo worldwide.
Bombardier Commercial Aircraft recently announced that its all-new C Series aircraft program has begun the ramp-up to full production. The final assembly facility is fully equipped and production is progressing according to plan with aircraft in various stages of the build sequence.
Bombardier's C Series family of aircraft, representing the fusion of performance and technology, is a 100% all-new design that offers operators potential savings of between US$ 7.5 to 12 million per aircraft.
By focusing on the 100- to 150-seat market segment, Bombardier has designed the C Series aircraft to deliver unparalleled economic advantage to operators and to open up new opportunities for single-aisle aircraft operations.
Separately and during an earnings conference call on Tuesday, Delta Air Lines' CEO Richard Anderson commented "At the right price, it’s quite a competitive airplane - Bombardier's C Series models -, particularly given the engine technology,”. Mr. Anderson said that Bombardier brought the CSeries to Delta’s Atlanta base before Christmas.
Bombardier (OTCMKTS: BDRBF) (TSX: BBD.A, BBD.B) is the world’s leading manufacturer of both planes and trains.
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