Latest Delta Air Lines Inc News

Delta's new Terminal C is opening at NY LaGuardia Airport

Oct. 29, 2019 4:37 PM EDT

NEW YORK (AP) — Delta Air Lines' new Terminal C is opening at New York's LaGuardia Airport, part of an $8 billion project to modernize the entire facility. Democratic Gov. Andrew Cuomo joined Delta CEO Ed Bastian and other officials for a ribbon-cutting ceremony on Tuesday. Seven new gates will begin...

Worried about flying on a 737 Max? Your options may be few

Oct. 16, 2019 9:51 AM EDT

DALLAS (AP) — At some point early next year, air travelers will need to decide if they're willing to take a flight on a Boeing 737 Max. If they're not, they'll need to find out what their travel options are. There will be no government-ordered compensation in North America or Europe for travelers who are...

United Airlines posts $1 billion profit on summer travel

Oct. 15, 2019 5:25 PM EDT

DALLAS (AP) — Cheaper jet fuel and slightly higher fares helped United Airlines boost third-quarter profit 23% to $1 billion. The results released Tuesday were better than Wall Street expected, and United raised its forecast of full-year profit. United indicated that demand for leisure and business travel...

Asian stocks follow Wall Street higher on trade optimism

Oct. 10, 2019 11:58 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war. Benchmarks in Tokyo, Hong Kong and Seoul advanced, while Shanghai edged lower following a week of gains. Traders were encouraged by President Donald Trump's plan to meet...

Bed Bath & Beyond, Intel jump while PG&E, ADTRAN tumble

Oct. 10, 2019 4:25 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday. Bed Bath & Beyond Inc., up $2.15 to $12.09 The struggling home goods retailer named former Target executive Mark J. Tritton as its new CEO. Ra Pharmaceuticals Inc., up $22.95 to $45.64 The biotechnology company is being...

Record passenger traffic over the summer boosts Delta profit

Oct. 10, 2019 1:02 PM EDT

DALLAS (AP) — Delta Air Lines set records for passengers and revenue over the summer and benefitted from cheaper jet fuel, boosting its third-quarter profit 13% to $1.5 billion. However, Delta offered a cautious fourth-quarter forecast that fell short of Wall Street expectations, and the airline's shares...

US stocks fall; S&P 500 ends with 2nd straight weekly loss

Sep. 27, 2019 5:11 PM EDT

Wall Street capped a choppy week with a second straight weekly loss for the S&P 500 Friday as worries about a potential escalation in the trade war between the U.S. and China erased early gains. Technology companies led the broad slide as investors weighed a report saying the Trump administration is...

Wells Fargo, Vail gain while Micron, Progress Software slip

Sep. 27, 2019 4:55 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. Micron Technology Inc., down $5.39 to $43.21 The chipmaker gave investors a weak profit forecast and warned that the U.S.-China trade war could hurt sales. Las Vegas Sands Corp., up $1.23 to $57.11 The casino operator will replace...

Shares of Latam soar; Delta details deal between airlines

Sep. 27, 2019 1:00 PM EDT

NEW YORK (AP) — Shares of Latam Airlines Group are soaring after Delta Air Lines announced it will pay $1.9 billion for a 20% stake in the operator of South American carriers. U.S.-traded shares of Chilean-based Latam rose $2.77, or 31%, to $11.78 in midday trading. Delta will pay $16 a share. Because of...

Oil prices jump as attack on Saudi plant jolts supply

Sep. 16, 2019 7:35 PM EDT

Global energy prices spiked more than 14% Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record. It was an increase on par with the 1991 Gulf War and analysts said heightened tensions in the Middle East could keep prices elevated for the...