India, April 8 -- Delta Air Lines (DAL) reported Wednesday a loss in its first quarter, compared to prior year's profit, despite growth in revenues. Looking ahead for the second quarter, the company projects earnings with revenue growth.
In pre-market activity, the shares were gaining around 12.5 percent to trade at $73.80.
In the first quarter, net loss was $289 million or $0.44 per share, compared to prior year's net income of $240 million or $0.37 per share.
Adjusted net income was $423 million or $0.64 per share, compared to $291 million or $0.45 per share a year ago.
Operating revenue grew 13 percent to $15.85 billion from last year's $14.04 billion. Adjusted operating revenue was $14.20 billion, a growth of 9.4 percent last year....