Delta Air Lines (NYSE: DAL) cranked up cargo revenue in the fourth quarter to $204 million, a 10% gain over the same period a year ago and a big improvement from the prior two quarters. Overall, the company met Wall Street expectations with an adjusted pretax loss of $2.1 billion on $4 billion in revenue.
The pretax loss of $2.53 per share came in slightly higher than the consensus among analysts of $2.50 and revenue was also above the estimate of $3.6 billion. In the third quarter, Delta’s...
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