Business

Delta posts mixed results

Jan 20, 2015

Delta Air Lines posted a $659 million profit for 2014, a figure weighed down by bets on fuel that took a hit when oil prices declined.

With the biggest impact from the decline in fuel prices coming later in the year, Atlanta-based Delta reported a $712 million loss for the fourth quarter.

But the airline said excluding those fuel-related charges and other special items, it had $4.5 billion in pre-tax income for the year and $1 billion in pre-tax income for the fourth quarter. Its operating revenue grew 7 percent in 2014 compared with the previous year.

About the Author

As business team lead, Kelly Yamanouchi edits and writes business stories. She graduated from Harvard and has a master's degree from Northwestern.

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