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Delta 4Q Profit Rises After Traffic, Fare Gains

Higher fares and growing traffic helped Delta Air Lines Inc. post a bigger-than-expected profit on Tuesday. Delta's yield — a key measure of what each passenger pays to fly one... More Higher fares and growing traffic helped Delta Air Lines Inc. post a bigger-than-expected profit on Tuesday. Delta's yield — a key measure of what each passenger pays to fly one mile — rose 4 percent for the quarter. Delta President Ed Bastian said demand for air travel is "solid," and Delta expects to see "significant margin expansion" in the current quarter. Not counting a non-cash adjustment for taxes, Delta earned $558 million, or 63 cents per share, for the quarter that ended Dec. Less

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