Delta Air Lines reported financial results for the December quarter and full year 2009. Delta’s net loss excluding special items for the December 2009 quarter was $225 million. This result is $285 million better than the prior year quarter on a combined basis excluding special items. Delta’s net loss was $25 million for the December 2009 quarter.
Delta’s net loss for 2009 was $1.2 billion, including $169 million in special items. Excluding special items and $1.4 billion of fuel hedge losses, Delta’s net profit for 2009 was $291 million. Delta ended 2009 with $5.4 billion in unrestricted liquidity, a $400 million increase year over year. Delta continued its successful integration of Northwest Airlines and received approval from the Federal Aviation Administration for a single operating certificate at year end.
