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The Continuous Improvement Mindset: RXO’s Jamie Harris
The veteran CFO is driving the trucking brokerage spinoff of XPO Logistics toward process efficiency, organic growth, and market share gains.
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Vincent Ryan
| January 27, 2023
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Delta Air Lines
Financial Performance
Delta Posts $652M Profit on Surging Demand
“We achieved significant milestones in the quarter including a solid pre-tax profit in the month of June."
By
Matthew Heller
| July 14, 2021
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Financial Performance
Delta Posts Record Loss, Cuts Cash Burn
“Our December quarter results capped the toughest year in Delta’s history,” Delta CEO Ed Bastian said.
By
Matthew Heller
| January 14, 2021
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Strategy
Airlines Expect Turbulent 2021
Last year's falloff erased two decades of passenger growth.
By
Vincent Ryan
| January 5, 2021
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People
GM Names Delta Executive Paul Jacobson as CFO
“Jacobson is an important hire for GM as it enters into new ventures and continues to restructure its business operations toward all-electric vehicles."
By
Matthew Heller
| November 2, 2020
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The Economy
Delta Reports Biggest Loss Since 2008
“We continue to believe that it will be more than two years before we see a sustainable recovery.”
By
Lauren Muskett
| July 14, 2020
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Credit & Capital
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."
By
Matthew Heller
| April 23, 2020
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Risk & Compliance
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.
By
Matthew Heller
| April 3, 2020
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Financial Reporting
Delta Shares Fall After Lower Guidance
Other airlines also saw their shares decline amid fears of a global slowdown.
By
William Sprouse
| January 3, 2019
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Risk & Compliance
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.
By
Matthew Heller
| January 26, 2018
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Financial Performance
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."
By
Matthew Heller
| January 11, 2018
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Financial Performance
Hurricanes to Cut $44M From JetBlue Revenue
“The third quarter presented unprecedented weather challenges for JetBlue," impacting both revenue and operating income.
By
Matthew Heller
| October 11, 2017
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Financial Performance
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.
By
Matthew Heller
| July 13, 2017
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Financial Performance
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.
By
Matthew Heller
| January 12, 2017
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Risk Management
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.
By
Christopher Hosford
| July 6, 2016
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Risk Management
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.
By
Matthew Heller
| June 14, 2016
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