Latest Delta Air Lines Inc News

FILE - In this file photo dated Wednesday, April 23, 2008, an EasyJet jetliner lands at the Milan Linate airport, Italy. European budget airline eastJet said Thursday May 28, 2020, it plans to cut up to a third of its 15,000-strong workforce as the global aviation industry struggles to cope with the COVID-19 pandemic. (AP Photo/Antonio Calanni, FILE)

Airlines increase job cuts as pandemic crushes air travel

May. 28, 2020 1:12 PM EDT

Major airlines on both sides of the Atlantic are cutting even more jobs as they struggle to cope with a plunge in air travel that will leave the airline industry much smaller than it was before the coronavirus pandemic and economic collapse. EasyJet said Thursday that it will cut up to one-third of its 15,000...

A pedestrian browses the display window at The Loop fashion and shoe store as businesses slowly begin to reopen after social distancing restrictions shuttered storefronts nationwide, Tuesday, May 26, 2020, in Yonkers, N.Y. (AP Photo/John Minchillo)

NYSE floor reopens, traders buy shares of Crocs, airlines

May. 26, 2020 4:36 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to national and global response, the work place and the spread of the virus. ________________________ GREEN SHOOTS: States are in varying degrees of reopening, and so are...

FILE - In this Aug. 15, 2019, file photo shoppers enter the TJ Maxx store in Manchester, N.H. TJX Companies Inc., parent of T.J. Maxx and other discount stores reports financial results on Wednesday, Feb. 26, 2020. (AP Photo/Charles Krupa, File)

Retailers reopening more stores, tourism expanding

May. 21, 2020 7:04 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus. ________________________ RETAIL ROUNDUP: Macy’s warns it could lose more than a $1...

FILE - In this Monday, April 27, 2020, file photo, provided by Vince Warburton, passengers get off an American Airlines flight after they landed at Los Angeles International Airport in Los Angeles. Social media has been bursting with photos of crowded planes amid the pandemic. That raises the question of how it's even possible when air travel is down more than 90% from a year ago. In some cases, airlines are creating the crowds by canceling other flights and packing passengers onto fewer planes. (Vince Warburton via AP)

Why are some planes crowded even with air travel down?

May. 6, 2020 9:54 AM EDT

Every once in a while, social media lights up with photos or video from flights that are nearly full, with passengers clearly violating advice from public health officials about social distancing during the coronavirus pandemic. That raises the question: How can planes still be full when air travel is down more...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 6, 2020. Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. (AP Photo/Ahn Young-joon)

Asian stocks mixed after Wall Street gains on recovery hopes

May. 5, 2020 11:46 PM EDT

Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. Benchmarks in Shanghai and Sydney declined while Hong Kong, Seoul and Southeast Asia followed Wall Street higher. Japanese markets were closed for a holiday. Investors are...

People wearing face masks walk past a bank electronic board showing the Hong Kong share index Tuesday, May 5, 2020. Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies. (AP Photo/Vincent Yu)

Asian shares advance following rebound on Wall Street

May. 5, 2020 12:14 AM EDT

BANGKOK (AP) — Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies. Shares rose in Hong Kong, Sydney and Singapore. Markets in Shanghai and Tokyo were closed for a holiday. Wall Street...

In this Monday, April 27, 2020, photo provided by Vince Warburton, passengers get off an American Airlines flight airplane after they landed at Los Angeles International Airport. JetBlue requires passengers to wear face makes during flights, and Frontier Airlines says it will too, but face coverings are strictly optional on most airlines. American Airlines said it will start providing masks for passengers who want them. (Vince Warburton via AP)

Major US airlines to require passengers to wear face masks

Apr. 30, 2020 7:06 PM EDT

DALLAS (AP) — American Airlines, Delta Air Lines and United Airlines said Thursday they will soon require passengers to cover their faces during flights, following the lead of JetBlue Airways. The move comes as airlines big and small contemplate how to comply with social-distancing recommendations in the...

Ethan Cale walks from the American Airlines ticket counter Thursday, April 30, 2020, in Salt Lake City. American Airlines reports a staggering loss of $2.2 billion for the first quarter, when the new coronavirus began to cause a steep drop in air travel. American Airlines reported Thursday that revenue fell 19% while costs continued to rise even as the virus spread. Air travel within the U.S. has plunged 95% from a year ago, judging by the number of people screened at the nation's airports. (AP Photo/Rick Bowmer)

Airline nosedive: American, United post huge pandemic losses

Apr. 30, 2020 6:33 PM EDT

DALLAS (AP) — American Airlines and United Airlines lost a combined $4 billion in the first quarter as the coronavirus pandemic triggered a sharp drop in air travel, and the airlines are busy borrowing enough money to survive until passengers return in large numbers. Thursday's reports from two of the...

FIE - In this Feb. 5, 2019, file photo a ramp worker guides a Delta Air Lines plane at Seattle-Tacoma International Airport in Seattle. Delta Air Lines says it earned $1.1 billion in the fourth quarter by operating more flights and filling a higher percentage of seats.  The financial results beat Wall Street expectations. Delta and other U.S. airlines are enjoying a prolonged period of profitability thanks to steadily rising demand for travel.   (AP Photo/Ted S. Warren, File)

Think things are bad for airlines? It's about to get worse

Apr. 22, 2020 5:15 PM EDT

The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Now things are going to get really bad. Delta Air Lines Inc. reported Wednesday that it lost $534 million in the first three months of the year, when it suffered a glancing blow from the coronavirus pandemic...

Passenger jets from Delta Airlines lined up for storage at Pinal Airpark in Pinal County, north of Tucson, Ariz., on March 16, 2020. (Rebecca Sasnett/Arizona Daily Star)

Delta's 1st quarterly loss in 5+ years; worse is on the way

Apr. 22, 2020 1:44 PM EDT

Delta Air Lines, the biggest and most profitable U.S. airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter. Delta warned Wednesday that revenue during the April-through-June quarter, typically a period of harried...