American Delta Air Lines has reported financial results for the December quarter and full year 2021 and provided its outlook for the March quarter, 2022. As always, our people drove this success which is why we were happy to announce a special profit-sharing payment for all eligible employees. For the full year 2021 financial results, the airline had adjusted pre-tax loss of $3.4 billion excluding a net benefit of $3.8 billion from items primarily related to the Payroll Support Programs (PSP), partially offset by equity method losses, debt extinguishment charges and special profit-sharing payment. IN CASE YOU MISSED THESE FROM NIGERIAN TRIBUNEIt generated a pre-tax profit of $1.1 billion in the second half of 2021. Excluding PSP, mark-to-market adjustments, equity method losses and debt extinguishment charges reported an adjusted pre-tax profit of $386 million in the second half of 2021.

Source: Nigerian Tribune January 20, 2022 05:33 UTC