Power Breakfast: Delta turns around finances, election, airport, cola wars, jobless benefits, Toyota

It’s quite a turnaround from bankruptcy.

Delta Air Lines posted its best quarterly result in 10 years — a $467 million profit for the second quarter, AJC staffer Kelly Yamanouchi reports.

And the carrier expects the black ink to continue as business travel slowly recovers.

The profit compared to a loss of $257 million a year earlier. Excluding one-time charges related partly to Delta’s merger with Northwest Airlines, the profit was $549 million, Yamanouchi writes.

Executives said they expect the Atlanta-based airline to be “solidly profitable” in the current quarter and to post a full-year profit, the company’s first since 2007.

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One comment Add your comment

Airplaner

July 21st, 2010
12:44 pm

If they have financial problems again, just file for bankruptcy and wipe out all their debts! The mark of success!!!