Delta Air Lines is anticipating a return to revenue growth in the first half of 2010, it has emerged.
The chief financial officer of Delta Air Lines has claimed that the carrier expects to see positive revenue growth next year.
Speaking at the Next Generation Equity Research conference on Wednesday (December 9th), Hank Halter said that Delta is anticipating a seven per cent drop in unit revenue for the fourth quarter, Reuters reports.
However, he also indicated that the airline will experience a return to growth in 2010, possibly as a result of more people booking flights to India, South Africa, Australia and other destinations.
Asked when he expects this recovery to occur, Mr Halter told the conference: “I don’t want to give a specific date or guidance, but clearly it’s going to be in 2010 and likely it’s going to be in the front half [of the year].”
According to the news agency, he also revealed that Delta is planning to upgrade about 1,400 planes as part of a “major refleeting” of its aircraft.
Delta is the world’s largest carrier, offering flights to 368 destinations in 66 countries.
Written by Erin Marshall
