The U.S. airline sector took off at the start of 2023 but the rally has encountered some turbulence in recent weeks ahead of a crucial few months for the industry. The sector’s big gains this year pro...
Tag: Delta Air Lines
Salesforce And Walmart Are Teaming Up To Provide Last-Mile Delivery Services
Getty Images Key takeaways: Facing a tough retail environment, Walmart is looking to add revenue by selling its technology to other businesses. The deal will help Walmart gain valuable insights into c...
Virgin Galactic Shakes Up Management. The Stock Soars.
Space tourism startup Virgin Galactic has made changes at the top as it prepares to launch commercial space flight service later this year. The stock is taking off, but the management move probably is...
The Stock Market Had a Great Start to 2023. Earnings Season Could Be a Problem.
Text size This coming Friday marks the start of fourth-quarter earnings season, with Jamie Dimon’s JPMorgan Chase helping to kick off the festivities. Ting Shen/Bloomberg Investors got their Goldilock...
Explorer, The Concentrated Coffee Brand Offering Four Caffeine Levels, Raises $2.5 Million To Elevate At-Home Coffee Drinking Experience
Coffee concentrate brand Explorer raises $2.5 million in a seed round. Explorer Brooklyn-based coffee concentrate startup Explorer, founded by mountaineer and former Bain & Company consultant Caso...
American Airlines Pilots Union Says Deal With Isom Helped Holiday Ops
Allied Pilots Association protest outside the New York Stock Exchange (NYSE) in June. .(Photo by … [+] Lucia Buricelli) © 2022 Bloomberg Finance LP Like its peers, American Airlines declared vic...
Airline Stocks Have Struggled. Here Are a Few Highfliers.
Some airline stocks trade at five times projected earnings. Why so expensive, you might be wondering. The group’s reputation on capital preservation at the moment ranks somewhere between damaged and U...
Delta Funds Electric Air Taxi Maker Joby To Quicken Travel To Airports
Joby Aviation CEO JoeBen Bevirt (left) and Delta Air Lines CEO Ed Bastian pose with models of their aircraft. Rank Studios To travelers who are sick of getting stuck in traffic driving to the airport,...
Delta Buys Into Electric Air Taxi Maker Joby With Aim To Speed Travel To Airports
Joby Aviation CEO JoeBen Bevirt (left) and Delta Air Lines CEO Ed Bastian pose with models of their aircraft. Rank Studios To travelers frustrated by getting stuck in traffic driving to the airport, D...
Delta Looks to Improve Margins, Cut Debt as Travel Rebounds
Dan Janki, the finance chief of Delta Air Lines Inc., had to navigate a host of pressures in his first year in the airline industry as travel demand remained below the levels seen before the Covid-19 ...
This ‘Money Pit’ Airline Says It’s Finally Set Up To Profit For The Long Haul
Etihad CEO Tony Douglas at the Dubai Airshow in Dubai, United Arab Emirates, in 2019. Copyright 2019 The Associated Press. All rights reserved. After a painful four years of deep cost cuts and restruc...
Fastly Cloud Computing Traffic Bumped Higher. That Should Boost the Stock.
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
How Europe’s Airports Became Choke Points For Summer Travel
Suitcases piled up at London Heathrow’s Terminal Three bagagge claim area on July 8. (Photo by Paul … [+] Ellis) AFP via Getty Images Airports in Europe have replaced U.S. hubs as choke po...
Delta Air Lines Demand Is So Strong ‘There Is A Fight To Get On The Airplane,’ CEO Says
Travelers pass through Hartsfield Jackson International Airport on July 2nd, 2022 as July 4th travel … [+] begins. (Photo by Nathan Posner) Anadolu Agency via Getty Images Delta Air LinesDAL sai...
JPMorgan, Delta, Morgan Stanley, TSMC, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season is here. More than a dozen S&P 500 firms report this week, including several major banks. JPMorgan Chase and Morgan Stanley go first on Thursday, followed ...
The Stock Market Is Charting a New Course. It Won’t Be Pleasant.
Text size Delta Air Lines told investors that revenue would finally return to 2019 levels, amid strong travel demand. Brandon Bell/Getty Images The trend is your friend, or so they say. But right now,...
In Boston, Delta Rolls Out Its New Domestic ‘Cornerstone’ Airbus A321 In Move To Dominate Logan
Delta’s new Airbus A321neo will operate for the first time on Friday May 20, when it flies … [+] Boston-San Francisco. Chris Rank Today Delta Air Lines DAL will scale up its battle to beco...
How American Airlines Became Number One In The South
An American Airlines jet taxis in Charlotte in 2018. (Photo by Jay Selman) jaybirdaviationphotos.com The Atlanta hub, the best hub in the world, has always made it seem that Delta Air Lines DAL is the...
Quest for Pricing Power Drives Stock Gains
Investors are on the hunt for companies with the magic words during any spell of inflation: pricing power. With consumer prices rising at their fastest pace in 40 years and stocks wobbly over the Fede...
Delta Will No Longer Make Unvaccinated Employees Pay Insurance Surcharge
Topline Delta Air Lines will no longer require unvaccinated employees to pay an additional $200 for health insurance every month, CEO Ed Bastian said Wednesday, as companies have dropped vaccination r...
As Earnings Season Starts, Expectations Are High For Delta Air Lines
Delta jets parked at LAX gates last month, as Delta unveiled its new $1.9 billion Terminal 3. (Photo … [+] by Irfan Khan) Los Angeles Times via Getty Images Delta Air Lines will kick off airline...