Daimei Airlines' second quarter profit of 1.4 billion US dollars

21st Century Business Herald reporter Gao Jianghong Beijing reported

On July 14, Damimei Airlines (NYSE: DAL) released the second quarter of 2022 financial results and the performance outlook for the third quarter of 2022.During the period, Dimei Airlines operated revenue of US $ 12.3 billion, which had reached 99%of the second quarter of 2019, and the capacity was only remedy to 82%.Operating profit is 1.4 billion US dollars, and the operating profit margin is 11.7%. The quarterly operating profit margin has reached double digits since 2019.$ 1.44 per share.

Ed Bastian, CEO of Dimei Airlines, revealed that in the first half of this year, it received nearly $ 2 billion in free cash flow and achieved profitability.In the third quarter of this year, Damimi Airlines is expected to adjust its operating profit margin to 11%to 13%, which may achieve annual profit.

According to the financial report, after Daimei Airlines completed a business investment of US $ 864 million, the free cash flow was 1.6 billion U.S. dollars, and the debt and financial leasing obligations were US $ 1 billion.There are currently $ 13.6 billion in mobile assets, and the net debt after adjustment is 19.6 billion US dollars.

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