[OC] Where did it come from, where did it go? Delta Airlines 22Q3 FinancialsSubmitted by cyberentomology t3_y85vg6 in dataisbeautiful
Dude_Hold_My_Bear t1_it18fy1 wrote
Almost 13B in income and only a net income of 695M. Operating income at 1.4B, and while I'm not a finance guy, I feel like 695M net isnt very good. Maybe I don't understand this (open to correction), so feel free to correct my understanding.
cyberentomology OP t1_it19ncj wrote
It’s a high volume, low margin business. Any net income that is positive is a good thing.
The numbers from a year ago are terrifying.
Lufthansa does similar volume and lost money in the first half of the year.
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