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Delta Air Lines Inc (DAL.N)

DAL.N on New York Stock Exchange

46.81USD
24 Apr 2017
Change (% chg)

$1.28 (+2.81%)
Prev Close
$45.53
Open
$46.41
Day's High
$46.92
Day's Low
$46.22
Volume
3,185,799
Avg. Vol
2,063,067
52-wk High
$52.76
52-wk Low
$32.60

Latest Key Developments (Source: Significant Developments)

Delta Air Lines reports qtrly earnings per diluted share $0.82
Wednesday, 12 Apr 2017 07:30am EDT 

Delta Air Lines Inc : Delta Air Lines announces march quarter profit . Delta Air Lines Inc qtrly total revenue $9,148 million versus $9,251 million . Delta Air Lines Inc - qtrly passenger unit revenues declined 0.5 percent on 0.5 percent lower capacity . Delta Air Lines Inc - qtrly earnings per diluted share of $0.82 . Delta Air Lines Inc sees Q2 operating margin 17% to 19% . Delta Air Lines Inc sees Q2 fuel price, including taxes, settled hedges, refinery impact $1.68 - $1.73 . Delta Air Lines Inc - expect June quarter passenger unit revenues to increase one to three percent and remain positive throughout year . Delta Air Lines Inc - qtrly adjusted earnings per diluted share of $0.77 . Q1 earnings per share view $0.75, revenue view $9.18 billion -- Thomson Reuters I/B/E/S . Delta Air Lines Inc - for June quarter, Delta is expecting its margins to expand relative to prior year . Delta Air Lines Inc sees Q2 2017 passenger unit revenue up 1% - 3% compared to Q2 2016 . Delta Air Lines Inc - sees June quarter CASM-ex, including profit sharing up 6% - 8% . Delta Air Lines Inc - currently estimates april storm impact will reduce its June quarter pre-tax income by $125 million. . Delta Air Lines Inc - sees June quarter normalized CASM-ex, including profit sharing up 4% - 6% . Delta Air Lines Inc - Sees June quarter system capacity up 0% - 1%.  Full Article

Delta reports financial and operating performance for march 2017
Tuesday, 4 Apr 2017 09:00am EDT 

Delta Air Lines Inc : Delta reports financial and operating performance for march 2017 . Delta Air Lines Inc - consolidated passenger unit revenue (prasm) for month of march increased 0.5 pct year over year . Delta Air Lines Inc - march load factor 85.8 pct versus 84.8 pct .Delta Air Lines Inc - march total system asms 21.16 billion, up 1 percent.  Full Article

Delta Air Lines says March total system ASMS 21.16 billion, up 1 pct
Tuesday, 4 Apr 2017 09:00am EDT 

Delta Air Lines Inc : Delta Air Lines Inc - march total system asms 21.16 billion, up 1 percent . Expects a march quarter operating margin of 10.0 - 11.0% . Delta Air Lines Inc - "anticipates year-on-year fuel cost pressure will peak for 2017 in march quarter" . Delta Air Lines Inc - continues to expect margins to inflect in second half of year . "expects to record roughly $315 million of other expenses in march quarter" . Delta Air Lines Inc sees march quarter 2017 passenger unit revenue down about 0.5 percent compared to march quarter 2016 . Sees for march quarter 2017 system capacity down about 0.5% .Delta Air Lines Inc sees March quarter 2017 casm-ex including profit sharing up 3 percent to 4 percent versus march quarter 2016.  Full Article

Delta Air Lines files for resale of common stock of up to 15.32 mln shares by the Delta Master Trust - SEC filing
Thursday, 30 Mar 2017 05:35pm EDT 

Delta Air Lines Inc :Delta Air Lines Inc - files for resale of common stock of up to 15.32 million shares by the Delta Master Trust - SEC filing.  Full Article

Delta and Korean Air to expand partnership
Wednesday, 29 Mar 2017 12:30am EDT 

Delta Air Lines Inc : Delta and Korean Air to expand partnership . Delta Air Lines - reached agreement with expanded trans-pacific network that will increase travel choices and boost competition between U.S. and Asia . Says Delta will be launching new nonstop service between Atlanta and Seoul in June 2017 .Delta Air Lines - Korean Air to continue to expand its U.S.-Korea network in summer 2017 with introduction of third roundtrip between Los Angeles,Seoul.  Full Article

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

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BRIEF-Delta Air Lines reports qtrly earnings per diluted share $0.82

* Delta Air Lines Inc qtrly total revenue $9,148 million versus $9,251 million