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Delta Air Lines posts profit, aided by gain

April 25 | Wed Apr 25, 2012 7:43am EDT

April 25 (Reuters) - Delta Air Lines Inc reported a quarterly profit on Wednesday, aided by a gains tied to fuel hedges and the exchange of slots at New York and Washington airports.

Excluding the special items, Delta had a loss of 5 cents a share.

Net income came to $124 million, or 15 cents a share, in the first quarter, compared with a loss of $318 million, or 38 cents a share, a year earlier.

Revenue rose 9 percent to $8.4 billion.
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