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Delta expects slightly lower fourth quarter unit revenue

January 03, 2019 / JON HEMMERDINGER

Delta Air Lines has further trimmed its fourth-quarter unit revenue expectation amid weaker-than-expected yields. The Atlanta-based airline now predicts fourth-quarter unit revenue per available seat mile will increase roughly 3% year-on-year, according to a filing with the Securities and Exchange Commission. The carrier in December had estimated the figure would increase 3.5% year-on-year for the period, and in October Delta predicted a 3-5% fourth-quarter unit revenue jump.