|Bid||56.50 x 2200|
|Ask||57.00 x 1100|
|Day's Range||56.43 - 57.29|
|52 Week Range||45.08 - 63.44|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||8.03|
|Earnings Date||Jan 13, 2020 - Jan 17, 2020|
|Forward Dividend & Yield||1.61 (2.84%)|
|1y Target Est||65.26|
A record 115.6 million Americans are expected to take to the skies, rails, roads and waterways between Dec. 21 and Jan. 1, according to AAA’s 2019 holiday travel report, which is the highest number in almost 20 years. Indeed, this is the eighth consecutive record high since AAA began tracking holiday travel in 2001. Most (91%) are hitting the roads — to a tune of 104 million people driving, the global transportation analysts at INRIX warned AAA, with traffic jams expected to be the worst the day after Christmas on Thursday, Dec. 26.
Delta Air Lines Inc., Chief Executive Officer Ed Bastian says he’d like to offer Wi-Fi free on his airline’s flights but right now it would crash the system.
Delta Air Lines is seeing success in its “focus” markets - including Raleigh-Durham International Airport, where it has retained its dominance as the number one airline in terms of passenger volume.
Delta (DAL) expects to witness substantial top-line growth in 2020, courtesy of strong travel demand. Simultaneously, the carrier partners with Wheels Up to create a large fleet of private jets.
Among the leaders who will be rolling off the board are the retired CEO of Cousins Properties, the president and CEO of Porsche Cars North America, and the CEO of Intercontinental Exchange. Former Georgia Tech President Bud Peterson stepped down from the board earlier this year.
Delta Air Lines stock took off Thursday on upbeat guidance for 2020, and the carrier also unveiled a new partnership with private-jet operator Wheels Up.
Delta Air Lines will take a minority stake in private aviation company Wheels Up, which will have the carrier's Delta Private Jets subsidiary rolled into its operations.
It’s looking like Minneapolis-St. Paul International Airport will set a new passenger record in 2019 — just as it did in 2018 and 2017.
Delta stock is a widely held airline stock with consistent earnings and sales growth in recent quarter, but is DAL stock a buy?
Delta Air Lines Inc. is set to merge its private jet subsidiary with Wheels Up, a New York startup known for its membership-based aviation services. Wheels Up CEO Kenny Dichter told CNBC Delta will become his largest shareholder. Currently headquartered in Times Square, Wheels Up is backed by Franklin Templeton, T. Rowe Price, Fidelity Management & Research and — when it launched in 2013 — Delta.
European carriers are expected to benefit next year from factors like moderate capacity expansion and an uptick in economic growth in the region.
2019 was likely the best year in Delta's history, highlighted by last Sunday being its single largest revenue day in history at nearly $200 million, CEO Ed Bastian told CNBC's Phil LeBeau. The international market is a "bit more choppy" but part of Delta's guidance calls for growth across every single region in the world in terms of capacity, Bastian said. To help achieve the guidance, Delta secured several investments, including a stake in LATAM and a 10% stake in Korean Air.
Delta Air Lines Inc. said Thursday it expects to generate per-share earnings of $6.75 to $7.75 in 2020 as revenue grows 4% to 6%. The current FactSet consensus is for EPS of $7.05. The airline offered the guidance ahead of an investor day, adding that it is expecting to generate free cash flow of $4 billion in 2020. "We will continue to deploy capital to reinvest in the business and remain committed to returning 70 percent of free cash flow to our owners," Chief Financial Officer Paul Jacobson said in a statement. Shares rose 1.9% premarket and have gained 10% in 2019, while the S&P 500 has gained 25%.
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. "People are more inspired to travel," Bastian told Reuters ahead of the carrier's investor day, citing the increased affordability of flying and advances in social media and technology, even as environmental and "flight-shaming" activists threaten air travel growth in Europe. Atlanta-based Delta is forecasting 2020 profit of $6.75 to $7.75 per share, versus analysts' mean estimate of $7.06 according to IBES data from Refinitiv, on revenue growth of 4% to 6% and $4 billion of free cash flow.
Delta Air Lines expects to fly through the “headwinds” of US election uncertainty and the return of Boeing’s 737 Max planes to competitors’ schedules to produce revenue growth of 4 to 6 per cent in 2020, the US carrier will tell investors on Thursday. Ed Bastian, chief executive, told the Financial Times that 2019 would be “the best year in Delta’s history by almost all measures”, and predicted that momentum would continue, allowing it to report diluted earnings per share of $6.75-$7.75 next year. Delta has claimed to have seen little advantage from not having the Max in its fleet at a time when rivals including Southwest and American have had to ground many of their planes for months after two fatal crashes.
Delta (NYSE: DAL) today will host its annual event for the investment community, where leadership will provide an update on the company's business strategy and 2020 financial targets.
Delta Airlines is forecasting stronger-than-expected 2020 earnings at its investor day in Atlanta, but notes 737 MAX return uncertainty alongside consumer sentiment risks.
Forget RASM, CASM, TRASM and the dizzying alphabet soup of metrics used to gauge airline stocks. When it comes to Delta Air Lines, investors should instead focus on a lucrative but often overlooked aspect of the $36bn airline’s business — its frequent flyer miles partnership with American Express. Delta has emerged as a top performing airline stock this year.
Southwest said WestJet should divest 16 LaGuardia slots if the carrier's proposed alliance with Delta were to go through.
The pilot hiring plan is part of a broader effort to onboard more than 8,000 aviators in the next decade.
Delta shares are up after it announced earnings between $6.75 to $7.75 in 2020, presenting a high upside against the street's estimates. Delta said it expects revenue to grow between 4 to 6 percent and expects $4 billion in free cash flow. The company says it is committed to returning 70 percent of free cash flow to shareholders. Hasn't been great for the major airlines, as all three are under-performing the market and are actually in the red relative to where they were trading 12 months ago.