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Delta's Strong Quarter Is Undermined by Rising Costs

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Delta's Strong Quarter Is Undermined by Rising CostsPhoto, wide shot, wide-angle lens, Fashion store, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.theapi.app/temp/4103ce22-87d6-4bef-ba44-0baf5ab280bb.png

Delta Air Lines' (NYSE: DAL) fiscal third-quarter earnings report, issued Thursday, revealed that the airline continues to capitalize on brisk passenger demand as it heads into the year-end travel season. Shares of the legacy carrier were down roughly 3% at midday, however, as shareholders panned unit cost escalation both in the current quarter and in projections for the fiscal fourth quarter of 2019. Note that all comparative numbers in the discussion that follows refer to those of the prior-year quarter.

Data source: Delta Air Lines.

Here are the salient details from the last three months:

Source Fool.com

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