DAL

Delta Expects Q4 profit Amid Rising Business Travel

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Delta Air Lines (NYSE: DAL) reported mixed third-quarter financial results Thursday and expects to see a profit in the final months of its upcoming quarter. The forecast comes amid a rise in corporate travel demand despite the lingering high costs and economic instability. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DAL” range=”1mo” …

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Delta to Invest $60 Million in Joby eVOTL Transportation

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Delta Air Lines (NYSE: DAL) announced that it will be investing USD60 Million in startup Joby Aviation. Joby is preparing to build and operate an electric vertical takeoff and landing aircraft, or eVOTL, better known as an air taxi. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DAL” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” …

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Delta to Acquire 100 Boeing 737 Max 10 Planes

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Delta Air Lines (NYSE: DAL) is to acquire 100 Boeing 737 Max 10 planes worth approximately USD13.5 Billion at list prices, and has the option to purchase another 30, the airline revealed. The action signifies the airline’s first major order for new aircraft from the U.S. manufacturer in over a decade. The deliveries are set …

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Delta Reports Mixed Q2 Earnings

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Delta Air Lines (NYSE: DAL) reported second-quarter earnings Wednesday that missed analysts’ expectations. Nevertheless, it disclosed a profit as travelers seemed willing to pay the rising costs for flights. Furthermore, the carrier promised to better reliability following a rise in delays and cancellations. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DAL” range=”1mo” …

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Delta to Start Paying Flight Attendants Throughout Boarding Amid Union Drive

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Delta Air Lines (NYSE: DAL) announced that it will start paying flight attendants during boarding, marking the first time a major U.S. airline makes such a move. The action comes amid a unionization drive for the carrier’s biggest workgroup. Flight attendants are typically paid starting when the plane doors close. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” …

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Delta Employees to Receive 4% Pay Raises

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Delta Air Lines Inc. (NYSE: DAL) announced it is raising the majority of its employee wages by 4% as demand for flights continues to climb ahead of the upcoming spring and summer travel season. This will be the first salary increase since the fall of 2019 before the pandemic began. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” …

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Delta Severs Ties with Russian Airline Aeroflot

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Delta Air Lines (NYSE: DAL) announced Friday that it would be suspending ties with Russian carrier Aeroflot, amid the recent conflict between Russia and Ukraine. The existing partnership has allowed customers to book seats on each other’s flights. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DAL” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: …

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Delta CEO Reveals 8,000 Employees have Tested Positive for Covid

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Delta Air Lines (NYSE: DAL) CEO Ed Bastian announced that about 8,000 of its 75,000 employees have tested positive for Covid-19 within the last four weeks. The absences impacted the carrier’s financial results throughout the holiday travel season. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DAL” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: …

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Delta Flight Towards Shanghai Returned Mid-Air Amid New Covid Rules

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Delta Air Lines (NYSE: DAL) revealed Monday that new pandemic requirements within a Shanghai airport were responsible for the return of a recent flight from Seattle midair. The action has incentivized a protest from the Chinese Consulate in San Francisco. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DAL” range=”1mo” interval=”1d” axes=”true” cursor=”true” …

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Delta Urges CDC to Cut Quarantine Guidelines

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Delta Air Lines (NYSE: DAL) CEO Ed Bastian has asked the Centers for Disease Control and Prevention to reduce its recommended quarantine period for vaccinated individuals that contract Covid-19, after disclosing that the current isolation time may negatively impact the carrier. Moreover, the company warned that it is experiencing labor shortages as well as “significant” …

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