Cargo at Delta continues losing streak into Q3

Cargo revenues at Delta fell 15 percent year-on-year (y-o-y), or US$29 million in the third quarter, to $167 million, pushing revenue for the first nine months of 2016 down 20 percent, or $126 million, to $494 million.

These low numbers don’t factor extensively into Delta’s overall results however, with cargo constituting only 1.6 percent of the carrier’s operating revenues. The airline benefitted from low fuel prices, which offset rising labor costs and diminished ticket prices for a third-q...

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