Financial Times FT.com

Delta predicts 4% drop in key revenue measure

By Justin Baer

Published: January 27 2009 14:12 | Last updated: January 27 2009 20:42

Delta Airlines on Tuesday delivered a revenue forecast that appeared to confirm fears that carriers will confront a slump in air-travel demand this year.

In its first reporting quarter since merging with Northwest Airlines to create the world’s biggest carrier by traffic, the company said that passenger unit revenue – an industry measurement that factors how well an airline fills aeroplane seats and how much it charges for tickets – would fall 4 per cent this year.

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