Delta Air Lines
United Confronts Corona With $1B Stock Sale
The secondary offering “is a highly unusual move for an established company that is losing buckets of money and reporting steep declines in its revenue."
Airlines Meet Deadline for Payroll Grant Program
The $25 billion program is aimed at helping U.S. carriers weather the drastic drop in demand caused by the coronavirus crisis.
Delta Shares Fall After Lower Guidance
Other airlines also saw their shares decline amid fears of a global slowdown.
U.S. Trade Panel Overturns Bombardier Tariffs
The International Trade Commission's ruling gives a surprise victory to Bombardier in a trade dispute with Boeing over its CSeries planes.
Delta Stock Soars 4.4% on Q4 Earnings Beat
"We enter 2018 with significant momentum and every entity delivering positive passenger unit revenue for the first time in five years."
Hurricanes to Cut $44M From JetBlue Revenue
“The third quarter presented unprecedented weather challenges for JetBlue," impacting both revenue and operating income.
Profit Drop Clouds Delta’s 2.5% Revenue Rise
The increase in the airline's passenger unit revenue for the second quarter broke a two-and-half-year losing streak.
Delta Sees Clearer Skies Ahead for Revenue
The airline forecasts passenger unit revenue will range from flat to a 2% increase in the first quarter of 2017, ending two years of quarterly declines.
Delta Reports $450 Million Loss on Fuel Hedge
The airline's latest hedging loss highlights the riskiness of the practice with fuel costs still below historical norms.
Ex-Delta Trader Fined for Commodities Manipulation
The trader placed orders for personal profit ahead of trades intended for Delta, according to the CME Group.
Delta’s Paul Jacobson: ‘I Never Dreamed It Could Be This Good’
Soaring profits reward the faith of a CFO who craved a career in the perpetually shaky airline business from age seven.