Latest Delta Air Lines Inc News

Airfares were already dropping. Here’s why they could go even lower in 2024

Feb. 28, 2024 09:43 AM EST

Inflation has hit most of the economy, but that’s hardly the case with airfare. Not only are airfares down 6% year-over-year based on January 2024 prices, but they’re even down 15% versus a decade ago. That’s according to consumer price index data from the U.S. Bureau of Labor Statistics...

United Airlines says after a 'detailed safety analysis' it will restart flights to Israel in March

Feb. 21, 2024 18:28 PM EST

CHICAGO (AP) — United Airlines says it plans to resume flights to Israel next month, reviving a route that was suspended in October at the start of the Israel-Hamas war. The airline said Wednesday that it will start flights from Newark, New Jersey, to Tel Aviv with a stop in Munich...

A NY-bound flight is forced to return to Toronto because of fire

Feb. 19, 2024 23:06 PM EST

TORONTO (AP) — A flight heading from Toronto to New York City earlier this month had to turn around because of a “burnt electrical smell” in the cockpit. The Transportation Safety Board of Canada said Endeavor Air Flight 4826 left Toronto’s Pearson International Airport the...

Masco: Q4 Earnings Snapshot

Feb. 08, 2024 07:33 AM EST

LIVONIA, Mich. (AP) — LIVONIA, Mich. (AP) — Masco Corp. (MAS) on Thursday reported fourth-quarter net income of $191 million. On a per-share basis, the Livonia, Michigan-based company said it had profit of 85 cents. Earnings, adjusted for one-time gains and costs, were 83 cents...

AmEx tries to win over grumpy Delta customers with revamped SkyMiles credit cards

Feb. 01, 2024 18:01 PM EST

NEW YORK (AP) — American Express rolled out several updates to its Delta SkyMiles credit cards Thursday that will give additional benefits to users, part of efforts to soothe sore Delta Air Lines customers who have considered abandoning the airline after last year’s SkyMiles loyalty fiasco. ...

Delta posts a $2 billion quarterly profit, but shares dip as airline trims forecast of 2024 earnings

Jan. 12, 2024 18:33 PM EST

Delta Air Lines earned $2 billion in the fourth quarter, posted record full-year revenue, and says it is buying more planes to boost its international flying. The airline's shares fell 9% Friday, however, as the company pulled back on its profit forecast for 2024. ...

Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish

Jan. 12, 2024 17:21 PM EST

NEW YORK (AP) — Wall Street closed its 10th winning week in the last 11 with a mixed finish Friday following an encouraging report on inflation. The S&P 500 edged up by 0.1% after earnings reporting season kicked off with mixed results from Delta Air Lines, JPMorgan Chase and...

Bank of America, Delta Air Lines fall; Valero Energy, Newmont rise, Friday, 1/12/2024

Jan. 12, 2024 16:20 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Bank of America Corp., down 35 cents to $32.80. The bank's profit and revenue fell short of analysts' forecasts. Delta Air Lines Inc., down $3.79 to $38.47. ...

Delta: Q4 Earnings Snapshot

Jan. 12, 2024 06:37 AM EST

ATLANTA (AP) — ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Friday reported fourth-quarter earnings of $2.04 billion. On a per-share basis, the Atlanta-based company said it had net income of $3.16. Earnings, adjusted for non-recurring gains, were $1.28 per share. ...

JetBlue's CEO is stepping down, and he'll be replaced by the first woman to lead a big US airline

Jan. 08, 2024 20:19 PM EST

NEW YORK (AP) — JetBlue said Monday that CEO Robin Hayes will step down next month and be replaced by the airline’s president, Joanna Geraghty, who will be the first woman to lead a major U.S. carrier. Geraghty, 51, joined JetBlue in 2005 and has taken on an increasingly...