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Delta Air Lines Inc (DAL)

DAL on New York Consolidated

45.44USD
28 Apr 2017
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$-0.30 (-0.66%)
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Latest Key Developments (Source: Significant Developments)

Delta Air Lines CEO 2016 total compensation was $12.6 mln
5:02pm EDT 

April 28 (Reuters) - Delta Air Lines Inc : :CEO Edward Bastian's FY 2016 total compensation was $12.6 million .  Full Article

American Airlines Group Inc - intend to work with unions to adjust hourly base pay rates of all american pilots and flight attendants - sec filing
Wednesday, 26 Apr 2017 04:53pm EDT 

April 26 (Reuters) - American Airlines Group Inc :Says intend to work with unions to adjust hourly base pay rates of all american pilots and flight attendants - sec filing.Says offered mid-contract hourly base pay rate adjustment for flight attendants, pilots of average of about 5 percent and 8 percent.Says estimates impact on its salary and benefits expense would be approximately $230 million for 2017 and $350 million for 2018 and 2019.Says to adjust hourly base pay rates to levels equal to highest rates currently in place at either delta or united.  Full Article

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

More From Around the Web

BRIEF-Delta Air Lines CEO 2016 total compensation was $12.6 mln

* CEO Edward Bastian's FY 2016 total compensation was $12.6 million Source text:(http://bit.ly/2qggo1G) Further company coverage: