News Update: Delta Airlines (DAL) Says Corporate Bookings Continue to Improve

3/9/2010-Shares of Delta Air Lines (NYSE:DAL) are trading 4.5% higher to $13.11 Tuesday after the company said that corporate bookings continue to improve and could help boost average passenger revenue some 16% in March. The world's largest airline by revenue also said February storms in the US had cost it a net $30 million, cutting revenue by $65 million and reducing costs by $35 million as it canceled thousands of flights. Delta President Ed Bastian told an investor conference in New York that ticket sales and revenue were up 30% over the past four weeks compared with a year-earlier.

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