Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Delta Air Lines Inc Add to portfolio

INX:DAL, Jan 21, 04:41 UTC

Latest INX:DAL News

Filter your feed

Apply Filter

Thursday, January 17


News

Detailed Research: Economic Perspectives on Delta Air Lines, Duke Energy, Fiserv, The Chefs' Warehouse, Maxim Integrated Products, and Puma Biotechnology — What Drives Growth in Today's Competitive Landscape

DAL DUK +2 more DAL DUK MXIM FISV

The new research reports from Market Source Research, available for free download at the links above, examine Delta Air Lines, Inc. (DAL), Duke Energy Corporation (DUK), Fiserv, Inc. (FISV), The Chefs' Warehouse, Inc. (CHEF), Maxim Integrated Products, Inc. (MXIM), and Puma Biotechnology, Inc. (PBYI) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. All information in this release was accessed January 15th, 2019. Delta Air Lines' Recent Financial Performance. For the three months ended September 30th, 2018 vs September 30th, 2017, Delta Air Lines reported revenue of $11,953.00MM vs $11,061.00MM (up 8.06%) and analysts estimated basic earnings per share $1.91 vs $1.62 (up 17.90%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Delta Air Lines reported revenue of $41,244.00MM vs $39,639.00MM (up 4.05%) and analysts estimated basic earnings per share $4.97 vs $5.82 (down 14.60%).

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, January 16


News

Delta Air Lines Earnings: Weak Guidance Disappoints

DAL

It continued to send mixed signals with its Q4 earnings report on Tuesday. While Delta's earnings results slightly exceeded its most recent guidance, the airline disappointed investors with a weak outlook for the first quarter. Nevertheless, unit revenue grew at a similar pace for Delta's international routes as in the domestic market. Nonfuel unit costs fell 0.5% in the quarter, but this strong cost performance was offset by a 25% surge in Delta's average fuel price. Even so, Delta achieved an 11% adjusted pre-tax margin last quarter, up from 9.8% a year earlier. The reduction of the corporate tax rate due to tax reform provided an additional boost, as did the company's share repurchases. As a result, Delta's adjusted earnings per share surged more than 40% to $1.30, reaching the high end of its guidance range. For the full year, adjusted EPS rose 19% to $5.65 -- although to be fair, the increase was driven completely by tax reform benefits.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, January 15


News

Delta Air Lines Inc (DAL) Q4 2018 Earnings Conference Call Transcript

DAL

Ed will open the call and give an overview of Delta's financial performance, Glen will then address the revenue environment, and Paul will conclude with a review of our cost performance and cash flow. All of these results were a reflection of the incredible work of the Delta people, and I'm pleased to recognize our employees' outstanding performance this year with over $1 billion in profit sharing for the fifth consecutive year. As we move into 2019, while fuel volatility has been a major story the last few months, prices now sit almost exactly were they were a year-ago, and by the way where we thought they would be. In the Pacific, stage length and currency headwinds will persist into the first half of 2019. For the March quarter, unit revenues are expected to remain flattish, but profitability will improve as we capitalize on cost efficiencies from new aircraft, upgraded products and services, and further integrate our Korean joint venture product. In 2019, we expect an additional $350 million of benefit from One Delta beyond the $150 million realized in 2018, and we will continue to see benefits from refleeting as we replace aging narrowbodies throughout the year.

Read Full Details

Topics:
  • Business
  • Financial
News

Delta warns of airfare drag as shutdown hits travel demand

DAL

Posted on Jan 15, 2019 at 10:47 a.m. Delta Air Lines warned that the U.S. government shutdown is eroding sales and will hurt its ability to raise ticket prices. Revenue from each seat flown a mile will rise no more than 2 percent this quarter from a year earlier, Delta said in a statement as it reported earnings Tuesday, Jan. 15. Delta is also the first carrier to quantify the effect of the shutdown, with Chief Executive Officer Ed Bastian telling CNBC that revenue would be cut by $25 million this month as government employees and contractors travel less. "Corporate travel will be affected by the shutdown, and will be replaced with lower yielding leisure travel,'' Helane Becker, an analyst at Cowen & Co., said in a note to clients. "Delta needs to see further revenue improvement to impress a skeptical investment community.''.

Read Full Details

Topics:
  • Business
  • Financial
News

Delta expects government shutdown to delay launch of new Airbus A220 jets

DAL AIR

Delta expects government shutdown to delay launch of new Airbus A220 jets. Federal inspectors furloughed in the partial U.S. government shutdown will likely force Delta Air Lines to delay the launch of its brand-new Airbus A220 planes. Delta planned to start flying the new jets, aircraft it hopes will attract more high-paying business travelers on board with more spacious cabins, on Jan. 31. That start date will likely be "pushed back" because of delays in approval from federal inspectors, Delta's CEO Ed Bastian said in a call with analysts on Tuesday.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

Delta expects government shutdown to delay launch of new Airbus A220 jets

DAL AIR

Delta expects government shutdown to delay launch of new Airbus A220 jets. Delta says the Jan. 31 launch date of its new Airbus A220 planes will likely be delayed. The airline needs the FAA to sign off on the new planes, but inspectors are furloughed in the shutdown. Federal inspectors furloughed in the partial U.S. government shutdown will likely force Delta Air Lines DAL to delay the launch of its brand-new Airbus A220 planes.

Read Full Details

Topics:
  • Business
  • Financial
News

Delta Air Lines Says the Government Shutdown Is Costing It Millions

DAL

The ongoing partial government shutdown will cost Delta Air Lines $25 million this month, Delta CEO Ed Bastian said. Delta stock was up slightly after it beat earnings expectations.

Read Full Details

Topics:
  • Business
  • Financial
News

Delta Beats Earnings Views, Warns On Shutdown; United Due Late

DAL

Delta Air Lines earnings beat Q4 views but the carrier gave weak guidance. Delta Air Lines stock rose. United Airlines earnings are due late.

Read Full Details

Topics:
  • Business
  • Financial
  • Entertainment
News

[$$] Delta Sales Rise on Gains in Leisure Market

DAL

Delta Air Lines pushed sales higher in the fourth quarter on gains in the leisure market and due to demand from corporate clients, but the carrier confirmed it wasn’t able to raise fares as much as it ...

Read Full Details

Topics:
  • Business
  • Financial
News

Delta Air Lines Earnings Top, Delta Stock Falls On Guidance; United Airlines Due Late

DAL

Delta Air Lines earnings beat Q4 views but the carrier gave weak guidance. Delta Air Lines and other airline stocks fell. United Airlines earnings are due late.

Read Full Details

Topics:
  • Business
  • Financial
  • Entertainment