Investor Presentaiton
Setting the Stage for 2013
▲ DELTA
Here's what we expect:
•
Across the Industry
Slow, but positive, global GDP growth
• More financially-stable U.S. airline industry as
merger integrations mature and restructured
carriers emerge
• U.S. carriers maintain capacity restraint with
growth less than GDP
.
•
Inflationary pressures across all categories, with
industry capacity discipline allowing for recovery
of higher cost inputs
Corporate travel demand remains solid
-
GBTA predicting corporate travel spend to
increase 5%
Note: Fuel price includes taxes and settled hedges
At Delta
• Cautious approach to capacity with full year 2013
capacity flat
.
•
-
No growth planned for domestic and transatlantic
entities
- 1Q13 capacity down 3-4%
Unit revenue growth driven by revenue initiatives,
corporate share gains, customer preference, and aligning
capacity with demand
- Sustain and continue to build revenue premium to
the industry
Market fuel prices of $3.00 - $3.10 per gallon, inclusive of
Trainer contribution of approximately 7 cents per gallon
• Non-fuel costs under pressure from completing wage
increases, flat capacity and investments in products and
services
- Growth peaks in 1Q13, but moderates by back half
of the year
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