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Delta Air Lines Inc Add to portfolio

INX:DAL, Jan 20, 08:26 UTC

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Friday, January 17


News

Delta Air Lines plane slides off icy taxiway in Kansas City

DAL

Five commercial airline flights departed from the airport that morning, according to flight-tracking website Flight Aware, before the airport was shut down due to icy conditions. A spokesperson for the airline confirmed that the aircraft was getting ready for a flight to Detroit and taxiing to an area where de-icing fluid would be applied when its front wheel slid into the grass adjacent to the taxiway. No injuries were reported among the 129 people on board Delta Air Lines flight 1114, who were transported back to the terminal on buses. The aircraft involved was an Airbus A319 aircraft, one of the aircraft that Delta uses for short and medium-haul flights.

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Exoskeleton Could Give Delta Cargo Workers Superhuman Strength

DAL

Delta Air Lines Inc. (NYSE: DAL) is relying, instead, on technology developed by Sarcos Robotics. Biomimicry — imitating the strategies and systems found in nature to solve human challenges — is a growing area of engineering and industrial design. What distinguishes arthropods, such as insects and crustaceans, from mollusks is that instead of a simple shell they have an exoskeleton with flexible joints that allows a wide range of movement. "The benefit of exploring a partnership like this with Sarcos is this kind of technology can potentially shape the way we work in the future in the airline industry," Gareth Joyce, Delta's senior vice president – airport customer service and cargo, said in video produced in conjunction with the Consumer Electronics Show in Las Vegas last week, where Sarcos' active suit made its public debut. Delta officials say they plan to test the Guardian XO in a pilot location during the first quarter of 2020, giving employees the opportunity to experience the tech in a real-world setting and provide additional feedback on its functionality as Sarcos prepares for its commercial deployment.

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Thursday, January 16


News

How Delta Is Tackling 3 Big Business Risks

DAL

Jan 16, 2020 5:15PM EST. How Delta Is Tackling 3 Big Business Risks | NASDAQ. Delta Air Lines(NYSE: DAL) enjoyed a solid 3% bump in its share price on Wednesday, after reporting fourth-quarter 2019 earnings that included an impressive revenue advance of 6.5% to $11.4 billion, and an accompanying 7.8% improvement in net income, to $1.1 billion. But in line with other airline carriers, Delta has yet to command a premium to the market: Shares trade at just 8 times forward earnings. Here, we'll discuss two of Delta's actions that will mitigate the impact of a potential economic slowdown, as well as its work on one additional general business risk, using comments drawn from the company's post-earnings conference call on Tuesday. The company's financial debt-to-equity ratio has hovered in a safe zone of 20% to 30% over the past five years. As Jacobson says, Delta's adjusted debt-to-EBITDAR ratio indicates moderate leverage and sits at the lower end of management's debt tolerance range.

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nasdaq.com fool.com
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Wednesday, January 15


News

Delta crew failed to warn controllers about Los Angeles fuel dump - FAA

DAL

U.S. Delta crew failed to warn controllers about Los Angeles fuel dump - FAA. FILE PHOTO: A Delta Airlines, Flight 89, Boeing 777-200 jet empties its fuel tanks as it makes an emergency landing at Los Angeles International Airport, seen from Ocean View Elementary School in Whittier, California, U.S., January 14, 2020 in this still video image obtained by. FILE PHOTO: Delta airlines logo is seen inside of the Commodore Arturo Merino Benitez International Airport in Santiago, Chile April 25, 2019. Delta Flight 89, which was turned back for an emergency landing at Los Angeles International Airport after departing for Shanghai, dumped fuel on the playgrounds of at least four elementary schools in its flight path, causing minor injuries to at least 44 children and adults on the ground, the Los Angeles County Fire Department said on Twitter.

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The Zacks Analyst Blog Highlights: Delta Air Lines, United Airlines, American Airlines and Southwest

AAL DAL

I expect that this stock will move from its Zacks Rank #2 (Buy) to a #1 (Strong Buy) once analysts have adjusted their models for the positive earnings. Delta’s increase in revenues is partially a product of Delta taking advantage of the other airlines’ loss in capacity from the 737 MAX grounding. Southwest is the most exposed with 34 737 MAXs and 310 orders, followed by American who has 24 737 MAXs and 100 orders. American Airlines is reporting on before the market opens Thursday, January 23rd, and according to Zacks Consensus estimates, analysts are anticipating an EPS of $1.24 on sales of $11.36B. Southwest is also reporting before the bell on Thursday, and EPS estimates stand at $1.11 on revenues of $5.72B. Click to get this free report American Airlines Group Inc. (AAL) : Free Stock Analysis Report Southwest Airlines Co. (LUV) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report To read this article on Zacks.com click here.

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Tuesday, January 14


News

Delta flight dumps fuel on L.A. school, 26 treated for minor injuries

DAL TRI

"The FAA is thoroughly investigating the circumstances behind this incident. There are special fuel-dumping procedures for aircraft operating into and out of any major U.S. airport," the agency said. The fire department said it had confirmed that jet fuel was the substance dropped on the school's playground while students were at recess and that 70 firefighters were on the scene treating the injured.Other students had been evacuated from the elementary school following the incident, a Los Angeles County Sheriff's spokeswoman said. Parents were notified to pick up their children near the school, which is about 16 miles east of the airport, in the path of incoming flights. "Shortly after takeoff, Flight 89 from LAX to Shanghai experienced an engine issue requiring the aircraft to return to LAX. The aircraft landed safely after an emergency fuel release to reduce landing weight," Delta said in a statement.

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Stocks making the biggest moves midday: JP Morgan, Wells Fargo, Delta, SmileDirectClub

DAL WFC

J.P. Morgan — Shares of J.P. Morgan jumped nearly 2% after the nation's biggest bank by assets reported stronger-than-expected quarterly results. J.P. Morgan's fourth-quarter profit rose 21% to $8.52 billion, or $2.57 a share, compared with the $2.35 estimate of analysts surveyed by Refinitiv. The 4% slide for Wells Fargo equity came after filings showed its fourth-quarter profits fell more than 50% year-over-year and that it booked a $1.5 billion charge for litigation fees in the three months ended Dec. 31. SmileDirectClub – Shares of SmileDirectClub soared more than 16% after the company said it will now offer its clear teeth aligners at dentist and orthodontist offices. Since its partnership with Align Technology expired at the end of last year, SmileDirectClub is focusing on a direct-to-consumer channel, the company said.

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Delta Air Lines' (DAL) Q4 Earnings Top Estimates, Rise Y/Y

DAL

Delta Air Lines DAL, which kick-started the fourth-quarter 2019 earnings season for the airline space, reported earnings per share (excluding 1 cent from non-recurring items) of $1.70 per share, which surpassed the Zacks Consensus Estimate by 30 cents. Delta returned $484 million to its shareholders through dividends ($259 million) and share buybacks ($225 million) in the quarter under review. For the full year, Delta returned $3 billion to shareholders through dividends ($980 million) and share buybacks ($2 billion). Investors interested in the Zacks Airline industry are keenly awaiting fourth-quarter 2019 earnings reports from key players like United Airlines UAL , JetBlue Airways JBLU and Alaska Air Group ALK. While United Airlines is scheduled to report on Jan 21, JetBlue and Alaska Air will do so on Jan 23. Click to get this free report Gol Linhas Aereas Inteligentes S.A. (GOL) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report JetBlue Airways Corporation (JBLU) : Free Stock Analysis Report Alaska Air Group, Inc. (ALK) : Free Stock Analysis Report Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report To read this article on Zacks.com click here.

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The Zacks Analyst Blog Highlights: UnitedHealth, CVS Health, Morgan Stanley, Charles Schwab and Uber Technologies

MS CVS +6 more MS CVS CSX DAL UNH SCHW KMI UBR

Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: UnitedHealth Group UNH, CVS Health CVS, Morgan Stanley MS, Charles Schwab SCHW and Uber Technologies UBER. The Zacks analyst believes that UnitedHealth Group stands apart in the industry by virtue of healthcare services, technology and innovations offered by its unit, Optum. Shares of CVS have gained +14.5% in the past three months against the Zacks Retail Pharmacies and Drug Stores industry's rise of +10.1%.

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Can Delta Air Lines Stock Keep Soaring in 2020?

DAL

In the past, Delta Air Lines(NYSE: DAL) had a poor reputation as a slow and stodgy legacy airline. The darkest hour came in 2005, when the company filed for Chapter 11 bankruptcy. Since emerging as an independent company in 2007, Delta has rebranded and restructured a culture of excellence, achieving a reputation that has now earned it "industry-leading reliability and record customer satisfaction." Delta is forecasting Q3 2019 EPS of $1.20 to $1.50, wrapping up 2019 guidance of $6.75 to $7.25 and a 2020 outlook of $6.75 to $7.75. Although 2020 isn't expected to have the same YOY growth as 2018 to 2019, Delta's earnings, compared to the price, make it a powerhouse value stock. Delta Air Lines had nothing short of a banner decade full of record breakers and improving economics for the industry as a whole. For 4Q 2019, investors should look to make sure that earnings come in between the $1.20-$1.50 range and the cash flow outlook stays where it is.

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nasdaq.com fool.com
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