Delta Air Lines has reported a sharp decline in cargo numbers for the third quarter of the year.
Despite seeing a US$2.2bn pre-tax income for the same period and an increase of US$547m year-over-year, the carrier reported a 19.7% drop in cargo-related operating revenue for the quarter ending September 30. This brought cargo revenue down to US$196m compared to US$244m one year ago.
"Our cargo business is facing a similar dynamic to our passenger business, with domestic performing well, while the international business is facing significant currency and related demand headwinds," explained, Ed Bastian, Delta's President.
For the nine months ending September 30, the cargo division reported an operating income of US$62m, a 10% decline from the same nine-month period last year.
