Delta Air Lines forecasts labor costs will weaken profits after strong quarter

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Delta Air Lines forecasts labor costs will weaken profits after strong quarter
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Delta Air Lines reported strong fourth-quarter earnings Friday. However, the carrier is expecting higher non-fuel operating costs including labor costs.

, Delta CFO Dan Janki said the largest airline by revenue expects a rise in non-fuel operating costs including labor costs during the first quarter of the fiscal year.

Delta predicted that first-quarter earnings will be 15 to 40 cents per share, below the 59 cents forecast by analysts in the FactSet survey.

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