Delta Air Lines (NYSE:DAL) has announced a rise in unit revenue, although the company could be looking at cutting some jobs.

Delta Air Lines (NYSE:DAL) Sees Corporate Travel Boost

Delta Air Lines (NYSE:DAL) has seen a unit revenue increase as corporate travel continues to be strong.

The company may however be planning to cut jobs in order to pare costs.

Edward Bastian, Delta President, said that, “Corporate revenue momentum is continuing and our system wide unit revenue in January rose 15 percent from a year earlier, on strength in all regions. With fuel prices expected to stay high, Delta Air Lines (NYSE:DAL) is squarely focused on cutting non-fuel costs and garnering more passenger revenue from new sources such as first-class upgrades. We’re going to be looking at other ways to reduce headcount and Delta Air Lines (NYSE:DAL) is considering and I’d expect we’ll probably be announcing soon another early retirement opportunity for our employees”.

Delta Air Lines (NYSE:DAL) shares are currently standing at 11.10.

Price History
Last Price: 11.10
52 Week Low / High: 6.41 / 12.13
50 Day Moving Average: 8.58
6 Month Price Change %: 44.4%
12 Month Price Change %: -7.6%