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CEO ED BASTIAN
US Stocks: Delta scraps capacity growth plans as fuel price surge drives up costs, shares upDelta Air Lines on Wednesday forecast second-quarter profit below expectations and said it would pull all planned capacity growth from the ...- Why is Delta Air Lines' stock falling today, and what should investors watch?Delta Air Lines plans 20% earnings growth in 2026, mainly from premium travelers. Economy demand is low, and the stock dropped almost 5%. D...
- US government shutdown costs Delta Air Lines $200 million profit hitDelta Air Lines anticipates a $200 million pre-tax profit reduction in the fourth quarter due to the U.S. government shutdown. The disrupti...
- US flight cancellations fall as air traffic control absences shrinkFlight cancellations in the U.S. have significantly decreased. This improvement comes as air traffic control absences are reducing. The Fed...
- Delta shares take off as tax cuts, trade deals clear the runway for massive gainsDelta Air Lines' stock soared following impressive second-quarter earnings, surpassing analyst expectations with $2.10 EPS. The company rei...
- IndiGo, Delta, Air France-KLM, Virgin Atlantic announce partnershipIndiGo, Delta, Air France-KLM, and Virgin Atlantic have partnered to improve air travel between India, Europe, and North America. The colla...
- How much are Delta passengers being paid as compensation after life threatening upside-down crash landing?Delta Air Lines is offering $30,000 compensation to each passenger after their plane crash-landed and flipped upside down at Toronto Pearso...
- Microsoft blames Delta for its struggle to recover from global cyber outageLast week, Delta's CEO Ed Bastian told CNBC that while the airline heavily relies on Microsoft and CrowdStrike, both tech companies had fai...
- CrowdStrike rejects Delta Air Lines claims over flight woesCrowdStrike reiterated its apology to the airline operator, but said in a letter from an external lawyer that it is "highly disappointed by...
- Delta CEO says airline is facing $500 million in costs from global tech outage last weekThe US Department of Transportation is investigating why Delta failed to recover as quickly as other airlines. Transportation Secretary Pet...
- This airline is still not able to recover from Microsoft outage whereas others have. Here's the reasonFollowing the Microsoft outage that largely affected the aviation sector and stopped flight and airport operations in major international c...
- Higher costs and low base fares send Delta's profit down 29%. The airline still earned $1.31 billionAmericans are traveling in record numbers this summer, but Delta Air Lines saw second-quarter profit drop 29% due to higher costs and disco...
- Sam Altman, Satya Nadella in US Homeland Security's AI security advisory boardThe board will develop recommendations for the transportation sector, pipeline and power grid operators, internet service providers and oth...
- Investor concerns grow as US airlines face uncertain futureInvestors worry about the future of U.S. airlines amid concerns about a weakening economy and rising costs. United Airlines shares drop by ...
- Delta says free Wi-Fi coming to many US flights next monthBastian said by the end of the year, the airline will outfit more than 700 planes with high-speed, satellite-based broadband service from T...
- Delta Airlines loses $408 million; 8,000 employees hit with Covid 19 infectionDelta expects omicron infections to peak over the next few days and then decline rapidly as it has in South Africa and - more slowly - in t...
- Delta Airlines asks employees to get vaccinated or pay $200 per monthThe airline says the policy is necessary because the average hospital stay for the virus costs it $50,000.
- Delta Air Lines will make unvaccinated employees pay chargeThe airline said Wednesday that it also will stop extending pay protection to unvaccinated workers who contract COVID-19 on Sept. 30, and w...
- US air travel rises to highest levels yet since pandemic hitThe Transportation Security Administration said 1.34 million people passed through U.S. airport checkpoints on Sunday, topping the 1.26 mil...
- Delta Airlines set to resume New York-Mumbai nonstop flights next yearIt is exciting to be able to announce Delta's return to India from the US as part of our vision to expand Delta's reach internationally, De...
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