Delta Q2 profit rises 31% to $1.4B

Delta Air Lines Inc. (NYSE: DAL)

The Atlanta-based airline reported its second-quarter profit rose 31 percent, following a $285 million gain for mark-to-market adjustments for fuel hedges settling in future periods, a $249 million profit sharing expense and a $128 million charge for facilities, fleet and other items, primarily associated with domestic fleet restructuring.

Revenue: $10.5 billion, up 6%Net Income: $1.4 billion, up 31%Earnings Per Share: $1.59, up 29%

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