|Bid||54.69 x 1800|
|Ask||55.97 x 900|
|Day's Range||55.78 - 56.63|
|52 Week Range||45.08 - 61.32|
|Beta (3Y Monthly)||1.33|
|PE Ratio (TTM)||9.33|
|Earnings Date||Jul 10, 2019 - Jul 15, 2019|
|Forward Dividend & Yield||1.40 (2.72%)|
|1y Target Est||66.37|
Delta Airlines came to the rescue of a group of fifth-graders traveling from Oklahoma to Washington, D.C. who were left stranded at an airport after American Airlines canceled their flight due to inclement weather. Delta chartered a spare plane to take 41 students and their adult chaperones, according to a Delta spokesperson.
Looking to stretch your feet on your next flight? Maybe not. The new airbus A321LR is a single aisle, narrow body jet with 800 miles. Though passengers will sit on a tightly packed flight, the aircraft is capable of trans-atlantic flying, nonstop flights between smaller cities and letting discount carriers drive prices even lower. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
Delta Air Lines Inc NYSE:DALView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for DAL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DAL. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold DAL had net inflows of $4.88 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. DAL credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Air Italy Chief Operating Officer Rossen Dimitrov said his airline will add 10 new destinations to its network on the West Coast through a deal with Alaska Airlines.
Delta Air Lines (DAL) closed at $55.99 in the latest trading session, marking a -0.94% move from the prior day.
Italy's industry ministry is open to discussions with any investor interested in the rescue of troubled carrier Alitalia, including infrastructure group Atlantia, two sources with knowledge of the matter said on Friday. The ministry is leading talks between the administrators managing the loss-making Alitalia and state-owned railway group Ferrovie dello Stato, which is trying to set up a consortium to buy the carrier. An involvement of Atlantia could be a turning point in the rescue effort led by Ferrovie, but sources have previously said the plan still lacked a political green light.
The food workers who stock many of the flights leaving Minneapolis-St. Paul International Airport with drinks, snacks and food say they are prepared to strike negotiations for a $15 minimum wage and better health benefits aren’t successful.
Italy's Deputy Prime Minister Matteo Salvini said on Friday an infrastructure or transportation group would be his preferred partner for troubled carrier Alitalia. Salvini's comments put pressure on Industry Minister Luigi Di Maio, who is also the leader of the 5-Star Movement and has been handling the Alitalia crisis since the coalition government took office last year. Di Maio has already had to postpone the deadline for the rescue of the carrier three times and the latest extension is due to expire on Saturday with every expectation it will have to be prolonged yet again as the search for a solution continues.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
shares surged to the top of the S&P 500 Thursday, boosting shares of rival carriers, following a report from JPMorgan that suggests airlines have been raising domestic ticket prices. JPMorgan sector analyst Jamie Baker noted that American had increased some fares by around $5 each way, noting that others such as Southwest Airlines Co. weeks ago, with increasing Southwest participation coming overnight," Baker wrote.
The Dow Jones Transportation Average rallied 0.6% toward a fifth-straight gain in morning trading Thursday, as another day of strength in its airline components helped the transports outperform the broader stock market, again. American Airlines Group Inc.'s stock jumped 5.3%, enough to pace the Dow transports' and the S&P 500's gainers. In other more-active airline stocks, shares of Delta Air Lines Inc. climbed 2.5%, JetBlue Airways Corp. hiked up 1.1%, Southwest Airlines Co. rose 3.0% and United Continental Holdings Inc. tacked on 3.4%. The NYSE Arca Airline Index jumped 2.4%, putting it on track for the highest close since Feb. 26. Meanwhile, the Dow Jones Industrial Average tacked on 30 points, or 0.1%, and the S&P 500 advanced 0.2%. On Wednesday, the Dow transports rose 0.5%, while both the Dow industrials and the S&P 500 fell 0.2%.
Delta Air Lines CEO Ed Bastian said most Delta flights will have free Wi-Fi in the next couple of years. He also addressed how the company is trying to control costs while improving customer service.
It is the digital age, yet the airline industry still seems to be stuck in the prop-plane era when it comes to tech adoption. Functional Wi-Fi remains a rumor on most airlines, and despite a surfeit of data, information about the status of most flights can be a mystery.
Alaska, which has 18 global airline partners, said the hire "will help enhance Alaska's Global Partners program."
The hospitality union represents workers at two of the largest airline catering subcontractors in the country.
Delta Air Lines has added San Jose to the small list of cities it serves that it classifies as “focus cities,” and said that it will increase passenger capacity by 23.1 percent this year at Mineta San Jose International Airport. The news emerged last week at an airline conference in Nashville at which Amy Martin, the airline’s head of domestic network planning, spoke. The airlines’ other focus cities are Nashville, which is being added to the list along with SJC, Austin, former Delta hub Cincinnati and Raleigh-Durham.
In 2017, Sea-Tac parking saw 11 days at full capacity and in 2018 that tripled to 33 days. Airport officials are projecting 44 or more days at full capacity this year.
The Chicago-based airline has already saved thousands of connections for passengers and wants to save hundreds of thousands more as the peak summer travel season begins.
Before there were ICOs, there were frequent flyer programmes. The associated points may have started off as a way for airlines to reward loyal customers — but today they have become a core profit driver helping to keep the aviation industry afloat. Airlines sell loyalty points to banks, retailers and credit card companies, whose customers accumulate them through spending and can then redeem them, often on flights that might otherwise struggle to fill capacity.
Many travel companies are now working to reduce their plastic waste, but is this a taller order for some sectors than others? Airlines face challenges here that hotels simply don’t, according to Christian de Boer, managing director of Jaya House River Park, a 36-room luxury boutique hotel in Siem Reap, Cambodia. “For hotels, I think […]The post Airlines May Have a Tougher Road to Reducing Plastics Than Hotels appeared first on Skift.