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Delta Air Lines Inc (DAL)

DAL on New York Consolidated

48.47USD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

‍Delta Air Lines says ‍currently expects its costs for redevelopment of its facility at New York's Laguardia airport to be about $3.3 bln​
Friday, 15 Sep 2017 04:36pm EDT 

Sept 15 (Reuters) - ‍Delta Air Lines Inc :Says ‍currently expects its costs for redevelopment of its facility at New York's Laguardia airport to be about $3.3 billion​ ​.Delta Air Lines - In connection with redevelopment of facility at Laguardia airport,co entered amended,restated terminal lease with port authority.Delta Air Lines - Co will receive port authority contribution of $600 million to facilitate construction of terminal and other supporting infrastructure.  Full Article

Delta says its teams decided to cancel about 800 flights on Sept 11‍​
Monday, 11 Sep 2017 10:26am EDT 

Sept 11 (Reuters) - Delta Air Lines Inc ::Delta teams in the airline’s operations and customer center have decided to cancel about 800 flights Monday ‍​.Expects reports from Florida airport authorities on Sept 11 on condition of runways, taxiways, terminal infrastructure, some of which sustained damage​.Updates from Florida airport authorities will determine restart‍​ of co's operations in Florida.  Full Article

American Express and Delta to launch new Blue Delta Skymiles credit card​
Thursday, 7 Sep 2017 09:00am EDT 

Sept 7 (Reuters) - American Express Co :American Express Co - ‍American Express and Delta Air Lines launching New Blue Delta Skymiles credit card​.American Express Co - New credit card is available starting Sept. 7​.  Full Article

SkyWest Inc orders 25 new aircraft and new flying agreements
Wednesday, 6 Sep 2017 06:00am EDT 

Sept 6 (Reuters) - SkyWest Inc :SkyWest Inc Announces order of 25 new aircraft, new flying agreements.SkyWest Inc - ‍entered into aircraft purchase agreements and capacity purchase agreements to acquire and fly 15 new aircraft with Delta Air Lines​.SkyWest Inc - expected delivery dates of 25 aircraft run from March 2018 through end of 2018.SkyWest Inc - ‍has also entered into aircraft purchase agreements and capacity purchase agreements to acquire 10 new aircraft with Alaska Airlines​.SkyWest Inc - expects to invest approximately $90 million in cash to acquire these 25 new aircraft.Says aircraft will be operated by SkyWest Airlines Inc, A wholly owned subsidiary of SkyWest.  Full Article

Delta reports operating performance for August 2017
Tuesday, 5 Sep 2017 09:00am EDT 

Sept 5 (Reuters) - Delta Air Lines Inc :Delta reports operating performance for August 2017.Delta Air Lines Inc - sees ‍September quarter passenger unit revenue change year over year 2 pct to 3 pct​.Delta Air Lines Inc - sees ‍September quarter CASM - ex fuel, including profit sharing, change year over year as reported up 4 pct​.Delta Air Lines Inc - expects september quarter operating margin of 16.5 pct to 17.5 pct.Delta Air Lines Inc - sees ‍September quarter CASM - ex fuel, including profit sharing, change year over year normalized up 2 pct​.Delta Air Lines Inc - all-in fuel price for september quarter now expected to be in range of $1.68 to $1.73.  Full Article

Berkshire Hathaway takes share stake in Store Capital Corp
Monday, 14 Aug 2017 04:38pm EDT 

Aug 14 (Reuters) - Berkshire Hathaway Inc ::Berkshire Hathaway takes share stake of 18.6 million shares in Store Capital Corp - sec filing‍​.Berkshire Hathaway cuts share stake in American Airlines Group Inc by 4.6 percent to 47.0 million shares - sec filing‍​.Berkshire Hathaway cuts share stake in United Continental Holdings Inc by 2.6 percent to 28.2 million shares - sec filing‍​.Berkshire Hathaway cuts share stake in International Business Machines Corp by 16.2 percent to 54.1 million shares - sec filing‍​.Berkshire Hathaway ups share stake in General Motors Co by 20.0 percent to 60.0 million shares - sec filing‍​.Berkshire Hathaway cuts share stake in Delta Air Lines Inc by 3.5 percent to 53.1 million shares- sec filing‍​.Berkshire Hathaway- change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017‍​.  Full Article

ExpressJet airlines announces contract realignment and long-term plan
Wednesday, 9 Aug 2017 04:01pm EDT 

Aug 10 (Reuters) - SkyWest Inc -:ExpressJet Airlines announces contract realignment and long-term plan.SkyWest Inc- ‍long-term agreement secured with United Airlines​.SkyWest Inc- ‍expressjet has secured a new, five-year extension of its united airlines erj145 contract, effective Jan. 1, 2018 through dec. 31, 2022​.SkyWest Inc- ‍financial terms of agreement of united airlines. Agreement were not disclosed ​.SkyWest Inc- ‍expressjet, delta air lines agreed to initiate wind-down of its remaining dual-class flying agreement under delta connection brand​.SkyWest Inc - ‍aircraft financed by delta, including all crj900s, will be returned to delta beginning in q4 2017​.SkyWest Inc- ‍expressjet has secured an agreement with american airlines to transition eight additional crj700s to its american eagle operation​.  Full Article

Delta Air Lines sets quarterly dividend of $0.305 per share
Wednesday, 9 Aug 2017 02:00pm EDT 

Aug 9 (Reuters) - Delta Air Lines Inc ::Delta Air Lines declares quarterly dividend.Sets quarterly dividend of $0.305 per share.  Full Article

Delta Air Lines reports operating performance for July 2017
Wednesday, 2 Aug 2017 09:00am EDT 

Aug 2 (Reuters) - Delta Air Lines Inc ::Delta reports operating performance for July 2017.Delta Air Lines Inc - ‍company carried 17.6 million passengers across broad global network in July.Delta Air Lines Inc says July total system load factor 88.1% versus 87.1%.Delta Air Lines Inc says July total system RPMS 21.73 billion, up 2.7 percent.Delta Air Lines Inc - July total system asms 24.65 billion up 1.5 percent.  Full Article

Delta Air Lines to acquire 10 pct equity in JV partner Air France-KLM
Thursday, 27 Jul 2017 12:19pm EDT 

July 27 (Reuters) - Delta Air Lines Inc ::Delta deepening longstanding partnership with Air France-KLM through 10% equity investment.Partnership with Air France-KLM Group with a EUR 375 million investment to acquire 10 percent equity in joint venture partner.‍Delta, Air France-KLM and Virgin Atlantic will launch a combined long-term joint venture​.Expanded JV, including Alitalia, will offer nearly 300 daily nonstop trans-Atlantic flights and "convenient" flight schedules.Long-term joint venture will be supported by a 31 percent investment by Air France-KLM in Virgin Atlantic​.Partnership with Air France-KLM Group to acquire equity in JV partner and a seat on Air France-KLM Group Board of Directors.  Full Article

UPDATE 1-Delta to cancel about 800 flights due to Irma

Sept 11 Delta Air Lines Inc said it would cancel about 800 flights on Monday as it braces for Tropical Storm Irma at its Atlanta hub.