Latest Ed Bastian News

Airline CEOs and Transportation Secretary Buttigieg fight over regulations even after election

Nov. 21, 2024 14:40 PM EST

Transportation Secretary Pete Buttigieg snapped back Thursday at criticism from airline executives who say the Biden administration over-regulated them, pointing out that some of those airlines are making large profits despite new passenger-protection rules. Buttigieg said the rules...

Delta CEO says the Trump administration will reverse government 'overreach' seen under Biden

Nov. 20, 2024 15:09 PM EST

The chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he calls government “overreach” under President Joe Biden. The airline industry has chafed under consumer-protection regulations imposed by...

Delta's Q3 profit fell below $1 billion after global tech outage led to thousands of cancellations

Oct. 10, 2024 11:55 AM EDT

Third-quarter earnings fell 26% at Delta Air Lines, which struggled to overcome a global technology outage that led to thousands of flight cancellations, and indications that growth in air travel is beginning to slow. Delta earned $971 million, down from $1.31 billion a year earlier....