About 2,000 accepted the buyouts and will leave by the end of the year, Delta said. Most are front-line employees.
The company does not plan any furloughs among front-line workers but is still considering plans for other employees. Exit programs cost the company about $80 million in severance and related costs in the second quarter.
Anderson said Delta’s cost-trimming allowed it to report a profit despite a $1 billion increase in fuel expenses.
Facilities consolidation and airplane retirements cost $64 million in the second quarter. Delta also refinanced $2.6 billion of corporate credit lines and took a $13 million charge for extinguishing debt.
Excluding those special items, as well as severance charges and $11 million in losses on fuel hedges, Delta said it had a profit of $366 million, or 43 cents a share.
Revenue totaled $9.2 billion, up 12 percent. Operating expense was $8.7 billion, up 19 percent. Delta said it expects to be “solidly profitable” in the third quarter.