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Delta Air Lines down 4.8% at $21.40 per share after guiding Q2 revenue down 90%

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 3rd, 2020

Coronavirus forces Delta Air Lines to burn $60M per day as flights are grounded

Delta expects second-quarter revenue to be down 90 percent......»»

Category: topSource: foxnewsApr 3rd, 2020

Delta Air Lines CEO sees Q2 revenue down 90%, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 3rd, 2020

"Apocalypse now": Airlines turn to cargo for revenue as U.S. Senate approves aid package

Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate unanimously passed a bill to give its carriers $58 billion in aid, including payroll support......»»

Category: topSource: reutersMar 26th, 2020

Airlines turn to cargo for revenue as U.S. Senate nears industry aid vote

Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate neared a vote on a bill to give its carriers $58 billion in aid, including payroll support......»»

Category: topSource: reutersMar 25th, 2020

Delta Air Lines credit gets downgraded into "junk" at S&P, but stock biggest gain in nearly 12 years

Delta Air Lines Inc.'s issuer credit rating was downgraded two notches into "junk" territory at S&P Global Ratings, which an expected sharp decline in revenue in cash flow as the coronavirus outbreak has resulted in a "steep decline" in ai.....»»

Category: topSource: marketwatchMar 24th, 2020

Delta projects 80% drop in second-quarter revenue, or $10 billion; it is burning through $50 million in cash per day

Delta Air Lines Inc. warned in an 8K filing on Friday that second-quarter revenue will plunge 80%, or $10 billion, from the year-ago quarter as it burns through $50 million in cash per day bec.....»»

Category: topSource: marketwatchMar 20th, 2020

Delta parks 600 jets and scales back flights as revenue tanks

Delta Air Lines said on Wednesday it was parking more than 600 jets, cutting corporate pay by as much as 50%, and scaling back its flying by more than 70% until demand begins to recover from the coronavirus epidemic hit......»»

Category: topSource: reutersMar 18th, 2020

Delta Air Lines to suspend share repurchases, defer $500M in CapEx

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 10th, 2020

Delta predicts 2020 profit growth; CEO says more people turning to air travel

Delta Air Lines Inc sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian called a growing interest in air travel by consumers across the generational spectrum......»»

Category: topSource: reutersDec 12th, 2019

Delta Air Lines says expects to retain market share it picked up this summer

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 10th, 2019

Delta Air Lines says premium product revenue rose 9% in Q3

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 10th, 2019

Delta Air Lines sees Q4 revenue up more than 5% y/y, consensus $11.29B

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 10th, 2019

Delta Air Lines Reports Q3 Earnings Beat

Delta Air Lines, Inc. (NYSE: DAL) reported third-quarter earnings of $2.32 per share, which beat the analyst consensus estimate of $2.26 by 2.65%. This is .....»»

Category: earningsSource: benzingaOct 10th, 2019

Delta Air Lines misses on revenue

Delta Air Lines reported third-quarter results that beat on earnings and missed on revenue......»»

Category: topSource: foxnewsOct 10th, 2019

Delta Air Lines says Q2 domestic revenue performance was "best in 5 years"

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 11th, 2019

Delta Air Lines (DAL) Q2 Earnings and Revenues Beat Estimates

Delta (DAL) delivered earnings and revenue surprises of 2.62% and 0.30%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock? Want the latest recommendations from Zac.....»»

Category: personnelSource: nytJul 11th, 2019

Delta Air Lines sees FY19 revenue growth 6%-7%, consensus $46.84B

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 11th, 2019

Delta Air Lines raises quarterly dividend 15% to 40.25c per share

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 11th, 2019

Delta CEO sees "marginal benefit" as competitors grapple with Boeing MAX grounding

Delta Air Lines Inc sees the momentum behind 6.5% quarterly revenue growth continuing throughout the year, Chief Executive Ed Bastian said, citing strong domestic demand that led the No. 2 U.S. carrier to lift its full-year profit forecast......»»

Category: topSource: reutersJul 11th, 2019

Delta shares surge on 2Q earnings beat

Revenue at the Atlanta-based carrier was $12.5 billion in the second quarter, while profits were $2.35 per share......»»

Category: topSource: foxnewsJul 11th, 2019