Delta Air Lines reported (12-Dec-2018) a larger portion of its revenue is generated by more diverse and higher margin revenue streams, which are growing more quickly than ‘Main Cabin’ ticket sales. The airline’s ancillary businesses are increasing in importance, up 30% since 2011 to over USD1 billion in 2018, due to above average margins and strong growth potential. CEO Ed Bastian noted less than half of the airline’s revenues are from ‘Main Cabin’, while premium products are producing strong growth prospects. [more – original PR] [more – original PR – II]
More Like this
Delta Air Lines CEO: 55% of revenue now from premium products, non ticket sourcesApril 12, 2019 
Delta to curb unit cost growth in 2018, revenue momentum is ‘best in years’December 18, 2017 
Delta works to drive direct distribution and shrink First Class upgrades, but sees limited threat from low cost long haul operatorsJune 12, 2018 
Eastar Jet aims to boost share of direct ticket sales in Japan-South Korea marketJune 12, 2019 
Delta Air Lines CEO: 737 MAX grounding creates ‘marginal benefit’ for 2Q2019 resultsJuly 16, 2019 
Delta aims to reign supreme in NPS customer service metricsSeptember 19, 2019 
Delta Air Lines CEO: delta.com to take ‘more and more’ traffic from online agenciesJuly 15, 2019 
Delta Air Lines revenue now largely coming from higher margin revenue streamsSeptember 6, 2019 
Delta Air Lines CEO: Disparity between corporate travel and leisure travel at ‘all time low’January 17, 2019 
Delta: Rising oil prices ‘not terrible’ in long term due to more durable business models being builtJune 4, 2018 - Delta Air Lines increasingly calling itself a ‘lifestyle brand’: CEOAugust 7, 2018
Delta estimates fuel costs to increase by USD2bn in 2018, but business is doing ‘very, very well’October 1, 2018
