Delta Airlines

If this year hasn’t been wild enough for you yet, welcome to October. History shows that the month before a presidential election often brings turbulence to Wall Street, and this year looks no different. In fact, when you mix in the pandemic—now entering its eighth unwelcome month...

You can say this for the energy sector: It’s hard to imagine things getting much worse than they did in Q2. We’re talking about a quarter where the price of U.S. crude oil averaged $28 a barrel, the lowest for any three-month period in nearly two decades. In one strange confluence of...

Chinese airlines can continue operating four scheduled passenger flights per week to the U.S. after the Department of Transportation on Monday lifted earlier restrictions on air access over a dispute with China about the treatment of U.S. airlines. The DOT modified a June 5 order limiting Chinese...

Despite signs of modest improvement in passenger traffic and the lifting of many coronavirus restrictions, airlines aren't relaxing efforts to shore up balance sheets and restructure in hopes of remaining solvent until demand returns in a meaningful way years from now. Since Friday, several U.S....

Delta Air Lines (NYSE: DAL) said it will increase its passenger freighter flights from Seoul, South Korea, to Atlanta and Los Angeles to daily service beginning May 13 in response to continued growth in demand to transport medical supplies and other products from Asia to the U.S. In March,...

North American and international airlines are adjusting operations and their financial outlook on an almost daily basis as the coronavirus pandemic continues to get worse. In an effort to stabilize their balance sheets, they are reducing capacity on a rolling basis, putting capital expenditures on...

Delta Air Lines, Inc. (NYSE: DAL) announced Friday it is scaling back flights by 40% and suspending service to most of Europe amid the coronavirus crisis, CEO Ed Bastian stated in a letter to employees. Delta is the latest airline to take drastic measures this week; others around the world are...

First it was China and Hong Kong, then South Korea and two cities in Italy. Now Delta Air Lines, Inc. (NYSE: DAL) is reducing service to and from Japan as the coronavirus suppresses travel demand. Meanwhile, All Nippon Airways is scaling back its domestic flight schedule between multiple cities in...

It's day 2 at Air Cargo 2020 in Nashville and today we're talking to Craig Fuller CEO and founder of FreoghtWaves, Eric Hare CEO of K9Global, Steven Polmans chairman of The International Air Cargo Association, Dan Diephouse CEO of Cargocast, and Andy Kirschner Delta's Director of Cargo Sales!...

The beetle is extremely powerful for its size, and well protected, thanks to a rigid outer shell. Delta Air Lines wants to transfer those features to employees in jobs that require heavy lifting, such as handling cargo. The Wonder Twins, animated characters from the 1970s-era Hanna-Barbera "Super...

Air France-KLM's plans to acquire a one-third stake in rival Virgin Atlantic cratered just two weeks after the deal passed muster with the U.S. Department of Transportation (DOT) on Nov. 21 — the final antitrust hurdle facing the proposed joint venture. The airlines claimed the decision not to...

CHICAGO – After transforming its under-performing passenger operation over the past decade into one of the best managed and profitable global carriers, Delta Air Lines (NYSE: DAL) is now focused on improving other aspects of its business, including cargo.  The company's capital expenditures in...

In spite of competition from German flag carrier Lufthansa, U.S. major Delta Air Lines Inc. (NYSE: DAL) remains firm in an offer to take no more than a 10% stake in a reformed Alitalia. The Italian government is seeking €1 billion ($1.1 billion) in investment to relaunch Alitalia. "Delta is...