Latest Delta Air Lines Inc News
Boeing will open new assembly line to build 737 Max planes
Boeing will add a fourth assembly line to produce more 737 Max aircraft, as it tries to more quickly translate a backlog of orders into cash-generating deliveries of new planes. The new line will open in the second half of next year, according to a note Monday to employees from Stan...
Airline, hotel elite status: Harder to get (or keep) in 2023
For the past couple of years, hotel and airline loyalty programs have extended elite status in response to the COVID-19 pandemic. But in 2023, that’s coming to an end. A tsunami of downgrades will wipe out some travelers’ elite status because pandemic-era offers are expiring and loyalty...
United Airlines CEO warns travelers more disruptions ahead
The CEO of United Airlines said Wednesday that other airlines won’t be able to handle all the flights they plan to operate this year, leading to more disruptions for travelers. Scott Kirby said airlines that operate as if this is still 2019, before the pandemic, are bound to...
United Airlines posts $843 million profit, bullish on 2023
United Airlines reported fourth-quarter profit and revenue higher than Wall Street expectations and gave a bullish 2023 forecast that assumes people will keep traveling despite inflation and concern about the economy. After the stock market closed Tuesday, United said it earned $843...
Agencies investigate averted plane crash at New York airport
NEW YORK (AP) — Officials are investigating a close call at a New York airport Friday night between a plane that was crossing a runway and another that was preparing for takeoff. "(Expletive)! Delta 1943, cancel takeoff clearance! Delta 1943, cancel takeoff clearance!” an air...
Airlines back more spending, staff to fix failed FAA system
DALLAS (AP) — Airline executives bristled last year when government officials, led by Transportation Secretary Pete Buttigieg, blamed the carriers for causing thousands of flight cancellations and mistreating their customers. The shoe is on the other foot now after a technology...
Wall Street ends higher as company earnings season kicks off
NEW YORK (AP) — Stocks closed higher on Wall Street Friday to give the S&P 500 its best week in two months as earnings reporting season gets underway and CEOs begin to show how well or poorly they’re navigating high inflation and a slowing economy. The year has begun on Wall...
Holiday payoff: Delta Air Lines posts $828M profit in 4Q
Delta Air Lines said Friday that it earned $828 million in the fourth quarter and that consumers are still snapping up flights and making purchases with their airline-branded credit cards. The Atlanta-based airline said momentum has carried over into the new year, as the travel...
Hanesbrands, Wendy's rise; Delta, UnitedHealth fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Delta Air Lines Inc., down $1.40 to $38.20. The airline gave investors a weak first-quarter earnings forecast. UnitedHealth Group Inc., down $6.10 to $489.57. ...
American Airlines boosts outlook after busy holiday season
DALLAS (AP) — American Airlines raised its forecast of fourth-quarter revenue and profit Thursday, boosted by higher fares and full planes capped off with a busy holiday travel period. American earned $1.12 to $1.17 per share in the fourth quarter, nearly double its previous...
