Latest Delta Air Lines Inc News

Southwest forecasts a slower recovery in business travel

Sep. 15, 2022 11:21 AM EDT

DALLAS (AP) — Southwest Airlines said Thursday that corporate travel is recovering more slowly than the airline had expected, although that is offset by continuing strong demand from leisure travelers even after the end of the traditional summer vacation season. Southwest said...

Unions push airlines to promise they'll avoid stock buybacks

Aug. 18, 2022 18:36 PM EDT

DALLAS (AP) — Labor unions are pressuring U.S. airlines not to buy back their own stock but instead spend the money on hiring more workers and fixing problems that caused widespread flight delays and cancellations this summer. The unions said Thursday that the four largest U.S....

Delta places order for 100 Boeing 737 aircraft

Jul. 18, 2022 10:22 AM EDT

Delta is ordering 100 737 Max 10 airplanes, the largest of the line produced by Boeing, potentially giving the manufacturer additional momentum after a troubled rollout of its most advanced aircraft. Delta has an option to purchase 30 more of the aircraft as the airline looks to...

Delta, Fastenal fall; Twitter, Devon Energy rise

Jul. 13, 2022 16:17 PM EDT

Stocks that traded heavily or had substantial price changes Wednesday: Delta Air Lines Inc., down $1.39 to $29.70. The airline's second-quarter earnings and revenue fell short of Wall Street forecasts. Alphabet Inc., down $53.34 to $2,227.07. ...

Delta posts $735 million profit, sees strong revenue in Q3

Jul. 13, 2022 13:13 PM EDT

Delta Air Lines said Wednesday that it earned $735 million in the second quarter, as packed planes and higher fares boosted revenue close to pre-pandemic levels. However, the profit fell short of Wall Street expectations, and Delta's shares fell more than 5% in midday trading. ...

All eyes on airlines as July Fourth holiday weekend nears

Jun. 30, 2022 15:03 PM EDT

DALLAS (AP) — Airlines that have stumbled badly over the last two holidays face their biggest test yet of whether they can handle big crowds when July Fourth travelers mob the nation's airports this weekend. Problems were popping up well before the weekend, with some disruptions...