Delta’s Executive Vice President and CFO Paul Jacobson spoke this morning at the Cowen and Company Global Transportation Conference. He put up a standard Delta chart showing that customers like the airline more than their competitors, and so customers are willing to spend more to fly Delta.
Jacobson offered this startling statistic. Delta had 5000 cancellations due to maintenance in 2010 and this year there will be “fewer than 100.” He says that’s “down 99% since 2010.”