Delta Air Lines reported financial results for the December 2014 quarter

Delta’s pre-tax income for the December 2014 quarter was US$1.0bn, excluding special items, an increase of US$474m over the December 2013 quarter on a similar basis. Delta’s net income for the December 2014 quarter was US$649m and its operating margin was 12.6%, excluding special items. For the full year 2014, Delta’s pre-tax income, excluding special items, was US$4.5bn, a US$1.9bn increase over 2013. Delta’s net income for the year was US$2.8bn with an operating margin of 13.1%, excluding special items. On a GAAP basis including special items, Delta’s December quarter pre-tax loss was US$1.1bn, operating margin was -8.6% and net loss was US$712m. On a GAAP basis including special items, Delta’s 2014 pre-tax income was US$1.1bn, operating margin was 5.5% and net income was US$659m.