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75 - Delta Air Lines

Boeing 777-200ER (777) at Technical Operations. -These images are protected by copyright. Delta has acquired permission from the copyright owner to the use the images for specified purposes and in some cases for a limited time. If you have been authorized by Delta to do so, you may use these images to promote Delta, but only as part of Delta-approved marketing and advertising. Further distribution (including proving these images to third parties), reproduction, display, broadcast , or other use is strictly prohibited. - Courtesy of Delta
Boeing 777-200ER (777) at Technical Operations. -These images are protected by copyright. Delta has acquired permission from the copyright owner to the use the images for specified purposes and in some cases for a limited time. If you have been authorized by Delta to do so, you may use these images to promote Delta, but only as part of Delta-approved marketing and advertising. Further distribution (including proving these images to third parties), reproduction, display, broadcast , or other use is strictly prohibited. Courtesy of Delta

Profits at America’s second-biggest airline by revenue fell by 18% in 2017. But Delta has sustained a far higher level of profitability than archrivals American and United Continental: Its operating margin of 15% reigns as best of the Big Three. Its in-house portfolio of refineries has helped it hold its own in the face of sharply rising fuel costs; Delta’s jet fuel bill rose 13% in 2017, beating the industry average by around seven points. It also kept a tight rein on wages and benefits, which rose only 4%, in line with revenues, and a new partnership with Aeromexico is off to a strong start. Delta’s biggest edge is its ability to win rich fares from business travelers. It controls more than 70% of the traffic at four major commercial markets: Atlanta, Detroit, and Minneapolis, and over 50% in Salt Lake City. Its dominance in those hubs shields Delta’s margins from inroads from budget competitors such as Southwest.

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Key Metrics & Financials (Last Fiscal Year)

Previous Rank71
Revenues ($M)$41244
Revenue Percent Change4.0%
Profits ($M)$3577.0
Profits Percent Change-18.2%
Assets ($M)$53292
Market Value — as of March 29, 2018 ($M)$38746
Employees86564

Company Facts

Employees86564
SectorTransportation
IndustryAirlines
HQ LocationAtlanta
CEOEdward H. Bastian
CEO Title-
Websitewww.delta.com
Years on Fortune 500 List24

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