Latest Ed Bastian News

FIE - In this Feb. 5, 2019, file photo a ramp worker guides a Delta Air Lines plane at Seattle-Tacoma International Airport in Seattle. Delta Air Lines says it earned $1.1 billion in the fourth quarter by operating more flights and filling a higher percentage of seats.  The financial results beat Wall Street expectations. Delta and other U.S. airlines are enjoying a prolonged period of profitability thanks to steadily rising demand for travel.   (AP Photo/Ted S. Warren, File)

Strong demand, mild fuel prices help Delta earn $1.1 billion

Jan. 14, 2020 12:19 PM EST

Delta Air Lines boosted its fourth-quarter profit to $1.1 billion by adding more flights over the holiday-packed period and stuffing them even more full of passengers. Lower fuel prices helped too, as Delta reported Tuesday that earnings rose 8% over a year earlier and beat analysts' expectations. And unlike key...

FIE - In this Feb. 5, 2019, file photo a ramp worker guides a Delta Air Lines plane at Seattle-Tacoma International Airport in Seattle. Delta says earnings and revenue will rise in 2020 because of continuing solid demand for air travel and no increase in spending on jet fuel. CEO Ed Bastian says Delta is getting a boost from strong spending by consumers, which he expects to spill into 2020.  (AP Photo/Ted S. Warren, File)

Happy contrails ... Delta sees strong 2020 profit, revenue

Dec. 12, 2019 12:33 PM EST

Delta Air Lines, the most profitable U.S. carrier, expects profits and revenue to increase next year on sustained demand for air travel and stable prices for jet fuel. The airline's top executive, however, warns that concern about the environmental impact of flying — including flight-shaming and the...