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Here's Why Shares of Delta Ended Tuesday's Session Higher

Delta shares climbed Tuesday after the airline booked a smaller-than-expected drop in passenger sales.

Shares of Delta Air Lines (DAL) - Get Delta Air Lines, Inc. Report were higher Tuesday after reporting a smaller-than-expected decline in consolidated passenger unit revenue for September. Passenger unit revenue slid 3% last month. The company had previously estimated a drop of 7%, according to Reuters. Delta said it continues to contend with an imbalance of supply and demand in the transatlantic market and headwinds from hedging the yen currency. Shares of Delta are down more than 20% so far in 2016.

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