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Delta shares rise as Q4 profit beats expectations

Thursday, January 23, 2014 - 06:00

Better prospects: Delta expects revenue from each seat flown a mile this quarter to climb 3 to 4 per cent from a year ago

[DALLAS] Delta Air Lines led shares of US carriers higher after posting fourth-quarter profit that topped analysts' estimates and forecasting an operating margin of as much as 8 per cent in this year's initial three months. Delta, adjusted for its 2008 merger with Northwest Airlines Corp, last

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