The airline is handing out more than $1 billion in profit sharing for the fourth year in a row.

Atlanta-based Delta Air Lines is facing $987,500 in civil penalties for allegedly operating two airplanes that were not compliant with government regulations. The Federal Aviation Administration claims Delta failed to repair a chip in the nose cone of a Boeing 737-800. The dominant Twin Cities carrier is also accused of operating an Airbus A320 on 884 flights with a broken dome light in the cockpit.

The Atlanta-based carrier is looking into using crude oil from western North Dakota to supply its new refinery in Pennsylvania, the Associated Press reports. Delta Air Lines bought the refinery near Philadelphia from Phillips 66 for $150 million in May with hopes of cutting fuel costs by making its own jet fuel.

It looks like airfares are going up for the fifth time this year. Delta, US Airways, United and American are among the big carriers to raise fares. Southwest Airlines led the latest effort. USA Today reports U.S. carriers have tried to increase fares eight times so far this year -- four have been successful. Delta is the dominant carrier in the Twin Cities.

The airline was able to make up for loses in its day-to-day operations from hedging its fuel costs. Delta’s net income was $124 million. Revenue rose 9 percent to $8.41 billion.

Atlanta-based Delta Air Lines -- the dominate carrier at the Minneapolis-St. Paul International Airport -- will lease 88 Boeing 717 planes from Dallas-based Southwest Airlines. The aircraft will be transferred starting next year, with 16 scheduled to arrive next year. Another 36 will come in 2014 and the rest will be delivered in 2015.