Airline

Delta capacity outruns RPMs

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Delta capacity outruns RPMs

Delta Air Lines has reported that consolidated revenue passenger miles were up 2.7% in May. Domestic RPMs were up 3.6%, while international RPMs climbed 1.4%. Passengers boarded were up 3.1% to 15.55 million, but available seat miles rose 4%, as such Delta's consolidated load factor fell 110 bps to 85.4% and passenger revenue per available seat mile fell 5.5% year on year. These figures are solid but in this current environment of investors watching load factors this will cause further jitters.