|Bid||51.84 x 900|
|Ask||51.84 x 800|
|Day's Range||51.73 - 52.59|
|52 Week Range||44.59 - 60.79|
|PE Ratio (TTM)||10.45|
|Earnings Date||Jul 11, 2018 - Jul 16, 2018|
|Forward Dividend & Yield||1.22 (2.27%)|
|1y Target Est||70.53|
On June 20, PSA Airlines, a wholly owned subsidiary of American Airlines (AAL), provided an update about resuming operations. PSA said that its computer systems were stabilized as of Junes 19. Team members have been working continuously to reposition crews and aircraft to restore normalcy. By June 20, 70%–80% of the crews and aircraft were on schedule.
On June 20, Delta Air Lines (DAL) announced its agreement with Bombardier to buy 20 CRJ900 aircraft. Delta Air Lines didn’t disclose the financial aspects of the deal. Delta Air Lines expects the planes to start being delivered by the end of 2018. The planes could be delivered until 2020.
PARIS (Reuters) - KLM and Delta Airlines (DAL.N) have expressed their opposition towards possible plans to name Philippe Capron as the new head of Air France KLM (AIRF.PA), BFM Business reported on Monday. ...
KLM and Delta Airlines have expressed their opposition toward possible plans to name Philippe Capron as the new head of Air France KLM , BFM Business reported on Monday. KLM, the Dutch airline part of ...
ATLANTA (AP) — Delta Air Lines says it's no longer allowing passengers to fly with "pit bull type" dogs as service or support animals, a policy that's being met with criticism by groups that train service dogs and the people who use them.
Stifel's Joseph DeNardi takes a look at where airlines make their money (geographically speaking, not fees for things like checked bags that used to be free), writing that United Continental Holdings (UAL) has been feeling the brunt of lower margins in the Asia Pacific region. Using revenue and expenses reported by geographical region to the Department of Transportation, DeNardi writes that although both domestic and international margins contracted for the Big 3 airlines--American Airlines Group (AAL), Delta Air Lines (DAL), and United--last year on higher fuel costs, domestic profitability held up better than international. Without a standard for how companies allocate costs between regions, comparing regional margins can be "tricky," but his estimates that the lower profitability internationally was due largely to "significant challenges on the Pacific." Given that in 2017, the Pacific network accounted for about 12% of United's traffic--compared with 7% for Delta and 4% for American--the airline has been most impacted by these lower margins for the region, DeNardi writes.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Over the past 5 years, DeltaRead More...
With profitability under pressure and its merger-integration process drawing to a close, American Airlines has decided to eliminate some unnecessary management positions.
When Delta Air Lines Inc. this year promoted its chief information officer, Rahul Samant, to executive vice president, reporting directly to chief executive Ed Bastian, it cited the growing importance of IT and digital technologies in keeping the airline competitive. The move, and similar ones in recent years at a growing number of firms, reflects the expanding role of CIOs in companies across a broad range of industries, as cloud computing, data and digital capabilities, like artificial intelligence and the Internet of Things, increasingly drive business strategies.
Bombardier Inc. is building momentum to expand orders for its CRJ regional jets this year after securing a deal with Delta Air Lines Inc. -- its second in two months. Delta on Wednesday agreed to purchase 20 of Bombardier’s CRJ900 aircraft valued at about $961 million based on list prices. The deal followed an agreement with American Airlines Group Inc. in May for at least 15 jets, and brings the total order tally for the CRJ family to 1,953 since the planes first began flying in 1992.
Since the beginning of 2017, 18 analysts have been actively tracking Delta Air Lines (DAL). All of the analysts have a “buy” rating on the stock. None of the analysts recommend a “hold” or a “sell.”
British airline Virgin Atlantic is picking an insider to become the next CEO after Craig Kreeger retires. Virgin Atlantic said Thursday that chief commercial officer Shai Weiss will take over Jan. 1. Weiss, ...
Bombardier's revamped CRJ 900 regional jet should win "half or more" of the market against competing planes from Brazil's Embraer SA , Commercial Aircraft President Fred Cromer told reporters on Thursday. The Canadian plane-and-train-maker, which won an order this week from Delta Air Lines for 20 CRJ 900s with upgraded cabins, said it expects to make further inroads against Embraer's E175, Cromer said at the company's Montreal-area factory. "We should be targeting half or better, that's a good target for us," Cromer said.
British airline Virgin Atlantic on Thursday said Chief Executive Craig Kreeger would retire at the end of the year and will be replaced by the airline's chief commercial officer. The airline said it would launch its mid-range corporate plan Velocity in 2019 and Kreeger, who was appointed CEO in February 2013, said it was a good time to hand over to CCO Shai Weiss. Kreeger has said that he expects a deal for Air France-KLM (AIRF.PA) to buy a stake in the airline from Richard Branson's Virgin Group to be completed early next year.
Considering the data in the past five years, Delta Air Lines (DAL) has been generating a strong FCF (free cash flow). Delta Air Lines’ five-year average FCF is $3.08 billion. In the first quarter, Delta Air Lines’ FCF was $173 million. During the quarter, the company invested $1.2 billion to buy aircraft and make improvements. Delta Air Lines is expected to continue generating strong FCF for the remaining quarters. However, the increased operating cost due to higher oil prices could limit Delta Air Lines’ FCF.
Delta Air Lines’ (DAL) debt has shown a declining trend since 2013. After four years, Delta Air Lines’ debt broke the trend. Delta Air Lines’ debt increased after falling for three consecutive years. Delta Air Lines’ debt fell from $11.33 billion in 2013 to $7.33 billion at the end of 2016. The debt rose to $8.83 billion by the end of 2017 and fell marginally to $8.65 billion at the end of the first quarter.
As of June 20, Delta Air Lines (DAL) stock has fallen 3.9% this year. The stock has underperformed the S&P 500 (SPY), which has gained 3.5%. JetBlue Airways (JBLU), American Airlines (AAL), and Southwest Airlines (LUV) have also underperformed the index. They have fallen 14.9%, 19.2%, and 21.5%, respectively. Delta Air Lines has managed to outperform its peers.
On Wednesday, Delta joined a wave of airlines speaking out against the separation of migrant families at the border.
United, American, Frontier have all distanced themselves from the U.S. policy of separating children from their families at the border
Virgin said Mr Weiss, who has been at the company since 2012, became chief financial officer in 2014 and was appointed chief commercial officer last year, will take up the role from January 2019. As part of Velocity, the group has agreed a joint venture with Delta Air Lines and Air France-KLM to offer customers the best possible prices and convenient flight times and allow passengers to redeem airmiles across all carriers.
The state is getting serious about launching a bid to take over operations at Atlanta's airport.
Delta Airlines added further restrictions to its updated support animal policy when it announced on Wednesday that "pit bull type dogs" will no longer be accepted as service or emotional support animals to accompany owners on flights. The policy change includes limiting one emotional support animal per customer. The changes go into effect July 10.