Edition:
United States

Delta Air Lines Inc (DAL.N)

DAL.N on New York Stock Exchange

45.92USD
23 Mar 2017
Change (% chg)

$0.18 (+0.39%)
Prev Close
$45.74
Open
$45.87
Day's High
$46.22
Day's Low
$45.47
Volume
1,588,272
Avg. Vol
2,154,839
52-wk High
$52.76
52-wk Low
$32.60

Latest Key Developments (Source: Significant Developments)

Delta plans new daily nonstop service between New York-JFK and Rio De Janeiro
Thursday, 23 Mar 2017 03:15pm EDT 

Delta Air Lines Inc : Press release - Delta plans new daily nonstop service between New York-JFK and Rio De Janeiro, Brazil .A new daily nonstop flight between New York-JFK and Rio De Janeiro, Brazil, beginning Dec. 21, 2017.  Full Article

Delta to begin Seattle to Chicago-O'hare service in June 2017
Monday, 20 Mar 2017 12:00pm EDT 

Delta Air Lines Inc : Delta to begin Seattle to Chicago-O'hare service in June 2017 . Says Chicago flights are now available for sale, and service will begin June 19, 2017 .Adding three daily flights to Chicago's O'hare International Airport (ORD) from Seattle.  Full Article

Delta completes cash tender offer for additional shares of Grupo Aeroméxico
Monday, 13 Mar 2017 08:30am EDT 

Delta Air Lines Inc :Delta successfully completes cash tender offer for additional shares of Grupo Aeroméxico.  Full Article

Delta Air Lines says offering $1 billion aggregate principal amount of 2.875% notes due 2020
Monday, 13 Mar 2017 06:05am EDT 

Delta Air Lines Inc : Delta Air Lines - offering $1 billion aggregate principal amount of 2.875% notes due 2020 and $1 billion aggregate principal amount of 3.625% notes due 2022 .Unless redeemed prior to maturity, 2020 notes will mature on March 13, 2020 and 2022 notes will mature on March 15, 2022.  Full Article

Delta Air Lines sees March quarter passenger unit revenue to be about flat yoy
Monday, 6 Mar 2017 09:19am EST 

Delta Air Lines Inc - : Sees March quarter passenger unit revenue to be about flat y-o-y - SEC filing . Sees March quarter 2017 CASM, excluding fuel, including profit sharing up 5.5 percent to 6.5 percent . Sees March quarter operating margin of 10 percent to 11 percent . Sees March quarter 2017 normalized CASM, excluding fuel, including profit sharing up 3.5 percent to 4.5 percent . Margins likely to contract in 2017 as pace of revenue improvement lags cost increases . Sees March quarter non-operating expense of $145 million - $170 million . Sees March quarter 2017 system capacity down 0 percent to 1 percent . Commercial initiatives should result in flat PRASM in 1q17 with trends improving through 2017 . Sees branded fares to drive $300 million of incremental revenue in 2017 and an incremental $1 billion revenue through 2019 . Sees $6 billion in pretax profits in 2017 . Sees American Express partnership to deliver $300 million in incremental value in 2017 .Delta Air Lines Inc - "Expects to drive about $1.5 billion of productivity savings in 2017".  Full Article

Delta says Feb total system RPMs were 14.14 billion
Thursday, 2 Mar 2017 09:00am EST 

Delta Air Lines Inc : Delta reports financial and operating performance for February 2017 . Delta Air Lines Inc - consolidated passenger unit revenue (PRASM) for month of February was flat year over year . Delta Air Lines Inc - February mainline completion factor was 99.5% . Feb total system RPMs 14.14 billion versus 14.4 billion .Feb total system ASMs 17.43 billion versus 18.04 billion.  Full Article

INNOVATIVE SOLUTIONS AND SUPPORT ANNOUNCES SETTLEMENT LAWSUIT WITH DELTA AIR LINES
Thursday, 23 Feb 2017 12:00pm EST 

Innovative Solutions and Support Inc - : ANNOUNCED A SETTLEMENT OF ITS PREVIOUSLY DISCLOSED LAWSUIT WITH DELTA AIR LINES, INC . UNDER TERMS OF SETTLEMENT, DELTA WILL PAY IS&S $7.75 MILLION .SETTLEMENT OF LAWSUIT RELATED TO TERMINATION OF CONTRACT FOR CO TO DEVELOP COCKPIT DISPLAYS, OTHER COMPONENTS FOR DELTA.  Full Article

Aeromexico's board issue opinion on Delta Air Lines' tender offer
Tuesday, 21 Feb 2017 05:58pm EST 

Grupo Aeromexico Sab De Cv : Aeromexico's board of directors issue opinion on Delta Air Lines' Tender Offer .Grupo Aeromexico Sab De CV - regarding Delta's offer price, consider price is both "supported from a financial perspective and represents fair value".  Full Article

Delta to pay out more than $1 bln in profit sharing on Feb 14
Monday, 13 Feb 2017 04:05pm EST 

Delta Air Lines Inc : Delta to pay out more than $1 billion in profit sharing on Feb 14, thanks to record-setting year .Delta air lines-employees will also receive a 6 percent raise in base pay in April.  Full Article

Delta Air ‍launches cash tender offer to acquire additional shares of Grupo Aeroméxico​
Monday, 13 Feb 2017 08:56am EST 

Delta Air Lines Inc : Says ‍launched cash tender offer to acquire up to additional 32 percent outstanding capital stock of Grupo Aeroméxico for MXN $53/share​ .Currently owns about 4.2 percent of outstanding shares of Grupo Aeroméxico and holds options to acquire additional 12.8 percent.  Full Article

More From Around the Web

BRIEF-Delta plans new daily nonstop service between New York-JFK and Rio De Janeiro

* Press release - Delta plans new daily nonstop service between New York-JFK and Rio De Janeiro, Brazil