Latest Delta Air Lines Inc News
American Airlines says it will appeal a ruling that would break up a partnership with JetBlue
DALLAS (AP) — American Airlines said Wednesday it will appeal a court decision that would force the airline to break up its partnership with JetBlue Airways in the Northeast. American and JetBlue face a late-June deadline to end the agreement in which they coordinate flights and...
Delta Air Lines hit with lawsuit over claims of carbon neutrality
A consumer class action lawsuit filed Tuesday claims Delta Air Lines inaccurately billed itself as the world's “first carbon-neutral airline” and should pay damages. The complaint in federal court in California alleges the airline relied on carbon offsets that were largely bogus. ...
United plans to hire 15,000, adding to surge in airline jobs
DALLAS (AP) — Airlines expecting a hectic summer travel season are planning to hire thousands of new workers this year, lifting a job market that has been hit by layoffs in technology and turmoil in the banking industry. United Airlines said Wednesday that it hired 7,000 new...
After weak start to year, airlines expect profitable summer
DALLAS (AP) — Most U.S. airlines lost money in the first quarter, traditionally the weakest time of year for travel, but they are all eagerly looking ahead to a summer of full planes and high fares. American Airlines and Southwest Airlines said Thursday that they expect to be...
Masco: Q1 Earnings Snapshot
LIVONIA, Mich. (AP) — LIVONIA, Mich. (AP) — Masco Corp. (MAS) on Wednesday reported first-quarter net income of $205 million. The Livonia, Michigan-based company said it had profit of 90 cents per share. Earnings, adjusted for non-recurring gains, were 87 cents per share. ...
United Airlines says bank failures dinged corporate travel
After Silicon Valley Bank failed last month and raised fears about a wider banking crisis, bookings for last-minute business trips on United Airlines quickly dropped and remained depressed for about two weeks, underscoring how economic turmoil could choke off a strong run for the travel industry. ...
United Airlines loses $194 million but sees 2Q turnaround
United Airlines said Tuesday that it lost $194 million in the first quarter, but its revenue soared compared with last year, and the airline said consumer demand remains strong despite economic uncertainty. United predicted that results in the April-through-June quarter will be...
Progressive, Fastenal fall; Newmont, Freeport-McMoRan rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Delta Air Lines Inc., down 37 cents to $33.37. The airline reported weak first-quarter earnings. Fastenal Co., down 22 cents to $52.34. The...
Delta loses $363 million but says travel demand still strong
Delta Air Lines reported a $363 million loss for the first quarter on Thursday, with higher spending on labor and fuel overshadowing a sharp rise in revenue. But the airline predicted it will make a bigger-than-expected profit in the current second quarter, which includes the start...
Delta: Q1 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Thursday reported a loss of $363 million in its first quarter. The Atlanta-based company said it had a loss of 57 cents per share. Earnings, adjusted for one-time gains and costs, were 25 cents per share. ...
