Delta Air Lines earned a first-quarter net profit of $946 million, up 27% over $746 million in net income in the 2015 March quarter. First-quarter revenue was down 1% year-over-year to $9.25 billion and unit revenue, as measured in PRASM, declined 4.6% to 13.25 cents. Delta president and incoming CEO Ed Bastian said the carrier “started 2016 with tremendous momentum” and pointed out that the Atlanta-based airline had 49 days of “perfect mainline completion factor” ...

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