delta

Delta Reports March Flight Traffic

Published on Tue, 04/05/2011 - 16:22
By FNNO Staff in General Interest, analysis, business, dal, delta, financial, market, news, stock, trading, News Update

Load factor measures the amount of actual utilization of the total available capacity; in other words, it measures the number of actual passengers vs.

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Delta Air Lines (NYSE:DAL) reported system traffic for March 2011 was up 0.5% compared to March 2010, on a 6.2% increase in total capacity. Load factor was down 4.5% to 79.7%.

By FNNO Staff
fnnonline@gmail.com

Delta Seeking $2.6 Bln In Loans To Refinance Debt (DAL)

J.P.

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Delta Air Lines (NYSE:DAL) the world's second largest air carrier, is seeking $2.6 billion in loans to refinance debt, according to a Bloomberg report.

By FNNO Staff
fnnonline@gmail.com

US Airways Still Looking For Consolidation

Mr. Kirby said, "We think there's significant value to be generated through another round of consolidation with US Airways. it's probably five to seven years from now that it will happen."

A merger would most likely pair US Airways with one of the other three big American legacy carriers: American Airlines (NYSE:AMR), Delta (NYSE:DAL) or United (NYSE:UAL).

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US Airways (NYSE:LCC) President Scott Kirby, speaking at the J.P. Morgan transportation conference, said the legacy carrier was still looking to consolidate.

By Stephanie Shyu
sshyu@fnno.com

Delta To Reduce Capacity In The Second Half of 2011

Published on Tue, 03/22/2011 - 14:15
By FNNO Staff in General Interest, analysis, business, dal, delta, financial, market, news, stock, trading, News Update

Despite the difficult current environment, the company was able to increase its Q1 unit-revenue, a metric that measures ticket prices.

Delta President Ed Bastian Tuesday at an analyst meeting in New York said, "We've seen an unprecedented level of price discipline in the industry, We've had eight fare increases since the beginning of the year and we added another

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Delta Air Lines (NYSE:DAL) has scaled down its growth plans for the year, as higher fuel prices caused by unrest in the Middle East, along with flight disruptions due to the Japanese earthquake, have slammed the industry.

By FNNO Staff
fnnonline@gmail.com

Rising Fuel Prices Likely To Cut Into Airline Industry's Profits (AMR,DAL,LCC)

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The International Air Transport Association, or IATA, cut its industry-wide profit forecast to $8.6 billion from $9.1 billion, based on rising fuel prices. The $9.1 billion profit estimate, made in December, was based on an averag

By Stephanie Shyu
sshyu@fnno.com

Delta Air Signs Interline Agreement with WestJet (DAL, WJA)

The agreement also allows the customers to receive boarding passes for all segments at their first check-in and tag bags through to their final destination. Passengers can connect between DAL and WJA flights at more than 25 gatewa

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Delta Air Lines (DAL) and WestJet Airlines (WJA) have announced that they have entered into an interline agreement, effective immediately, that allows customers of both airlines to purchase connecting flights on one ticket, Reuter

By Stephanie Shyu
sshyu@fnno.com

Major Airlines' shares are down as flight are canceled because of the storm.

Delta’s shares are down 3.05% to $11.43. Southwest Airlines is down 1.56% to $11.66, and the recently merged United Continental is down 0.08% to $25.24. The NYSE Arca Global Airline Index is down 1.29%. "

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"Shares of major airlines are lower today as a storm is grounding flights while it blasts through the Northeast and Midwest of the U.S. More than five thousand flights were cancelled on Wednesday, day 2 of the storm, and air trave

By FNNO Staff
fnnonline@gmail.com

Airline Stocks Mixed as Winter Storm Works Way Eastward

A large winter storm that walloped the western US is moving toward the East Coast, snarling air traffic nationwide. Dallas-Fort Worth Airport is among those closed.

air, airline, airports, closed, dal, delays, delta, east coast, financial, flights, lcc, shut down, snow, stocks, storm, traffic, ual, united continental, us airways, winter

Airline stocks are mixed as airlines cancelled flights at certain major airports due to weather. United Continental Holdings (UAL) is down 0.5% while Delta Air Lines (DAL) is up 0.94%. US Airways (LCC) is up 0.8%.

By Stephanie Shyu
sshyu@fnno.com

Delta Air Lines Swung To Q4 Profit, Top Line Up 14%

Published on Tue, 01/18/2011 - 09:22
By Stephanie Shyu in Earnings Lookback, dal, air lines, ceo, consensus, cost, dal, debt, delta, earnings, employee, eps, estimates, fuel, merger, nyse, prices, profit, richard anderson, shares, strategy

Richard Anderson, Delta's chief executive officer said, "Our 2010 results are among the best in Delta's history.

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Delta Air Lines (NYSE:DAL) reported Q4 EPS of $0.19, ex-items, missing consensus estimates of $0.26 per share. Revenues rose 14% year-over-year to $7.8 billion, ahead of consensus estimates of $7.7 billion.

By Stephanie Shyu
sshyu@fnno.com

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