Delta airline has
outperformed in its industry and produced higher than expected pretax income.
The pre-tax income of the delta airline
is around $2.7 billion. The increase in its pre-tax income is around 71% year
on year basis, and the margins of its pre-tax expanded by 2.8%. The growth of
the company in the Middle East was around 6% in fiscal year 2013, and the
increase in China, Asia Pacific were also 6%. The company managed to decrease
its adjusted debt in fiscal year 2013 from $17 billion to $9.3 billion. The
reduction in its debt helped it to reduce the interest by 35% in fiscal year
2013. The company’s stock price has also surged by 130% in fiscal year 2013,
and in S&P 500 index it was in the 4th best performing stock.
The company’s stock has been growing in the past continuously and is expected
to grow in future as well.
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