In less than one week the former Pan American Airways Unit Terminal Building, more commonly known as the Pan Am WorldPort, at New York’s John F. Kennedy International Airport, taken over by Delta Air Lines in 1991, and now simply known as Terminal 3, will cease operations after 53 years.. JFK’s iconic Terminal [...]Show More Summary
By John Cryan: Fierce and growing competitors, low switching costs, hurricanes, terrorist attacks, geopolitical hostilities, government regulation, high costs of fuel, labor, insurance and capital, over indebtedness, stringent emission standards, and on and on… the risks facing global airlines are enough to make your head swirl. Show More Summary
Editor’s Note: Related tickers: Delta Air Lines, Inc. (NYSE:DAL), Southwest Airlines Co. (NYSE:LUV), US Airways Group, Inc. (NYSE:LCC), United Continental Holdings Inc (NYSE:UAL), JPMorgan Chase & Co. (NYSE:JPM), JetBlue Airways Corporation (NASDAQ:JBLU), Alaska Air Group, Inc. Show More Summary
Last month, I pointed out a growing trend in the U.S. airline industry toward “upgauging”: replacing smaller planes with larger ones. Virtually every airline has become enamored with the potential cost benefits of switching to larger aircraft. They are almost always more fuel efficient and more labor efficient since they allow the airlines to spread [...]
Alaska Air Group, Inc. (NYSE:ALK) has had an outstanding performance this year. The stock has rallied 53% YTD, while the S&P 500 has improved 14%. The airline has also outpaced major airlines such as Delta Air Lines, Inc. (NYSE:DAL) and United Continental Holdings Inc (NYSE:UAL). Although several investors do not agree with the idea that [...]
Investors have favored Spirit Airlines Incorporated (NASDAQ:SAVE) this year, with the stock up more than 50% year-to-date. Spirit Airlines is a low-fare airline that operates flights throughout the U.S., Latin America and the Caribbean. Spirit has recently reported its first quarter earnings, and the results were warmly welcomed by the market. The stock gained 5.3% [...]
If March was a month to forget for the major U.S. airlines, then April was a month to mourn. While several major airlines complained of deterioration in last-minute-booking trends for the month of March, they were all able to keep their unit revenues flat or better at that time, helped by the calendar shift of [...]
An Emory University law librarian is suing Delta Air Lines, claiming she suffered permanent brain trauma when books and other items fell on her after a flight attendant opened an overhead bin two years ago. Full article
Delta Air Lines, Inc. (NYSE:DAL) shares touched a new 52-week high of $18.84 on Wednesday, up more than 3%, after the company revealed plans to return $1 billion to shareholders over the next three years. After swooning in late March and early April, Delta Air Lines, Inc. (NYSE:DAL) shares have surged more than 30% in [...]
Delta Air Lines has apologized after the carrier found itself at the center of an awkward mix-up in which it mistakenly swapped body-bearing...
Delta Air Lines shares touched a new 52-week high of $18.84 on Wednesday, up more than 3%, after the company revealed plans to return $1 billion to shareholders over the next three years. After swooning in late March and early April,...Show More Summary
The airline's plan calls for returning more than $1 billion to shareholders.
(Reuters) - Delta Air Lines Inc, moving to enhance investor returns, will start paying a dividend and launch a $500 million share buyback program, the company said on Wednesday.
According to a recent IATA report, global air travel will rise by 5.4% in 2013 in spite of difficult macro-economic conditions in developed economies. Among all the regions, North America is expected to be the biggest gainer this year. IATA expects that all North American airlines will have combined profitability of $3.6 billion in 2013, [...]
In the global investing world we live in, it is important to look at opportunities worldwide when seeking the best returns. Here, we will take a look at some of the investments the United Kingdom has to offer. By no means is this a complete analysis of the entire nation, that would be a series [...]
It's a trend happening across many industries and it brings an added ROI focus -- and pressure -- to positions that once managed only brand building.
While air travel is such a vital consumer activity in the total economic mix, the business of providing air travel as it currently is doesn’t seem to be lively at all. Life has not been comfortable for the airline industry with air travel no longer a luxury. So many carriers have been coming in and [...]
(Reuters) - Delta Air Lines Inc on Thursday said an important revenue measure weakened in April because of soft U.S. demand and unfavorable effects from the weaker yen.
Airline boosts his long-term incentive pay and the airline made more money than its peers.
Southwest Airlines Co. (NYSE:LUV) has been a favorite of investors for years, as it has been able to avoid much of the turbulence that has sent countless competitors into bankruptcy over time. However, while Southwest has generated tremendous growth in the past 10 years — going from less than $6 billion of revenue in 2003 to [...]