Here’s a look at the full list:
24 April, 2024
Delta's top ten most searched destinations.
23 April, 2024
Delta to increases starting pay to $19 an hour....
17 April, 2024
Delta Air Lines and Aeromexico celebrate new route between Boston and Mexico City
12 April, 2024
Delta Sky Club levels up in Miami with major lounge expansion
11 April, 2024
Delta Air Lines releases its March Quarter financial results
Delta Air Lines has reported financial results for the March quarter and provided its outlook for the June quarter.
"Thanks to the extraordinary work of our 100,000 people, Delta is delivering the best operational reliability in our history, and we have widened the gap to our competitors. We were thrilled to recognize their efforts with $1.4 billion in profit sharing payouts during the quarter," said Ed Bastian, Delta's chief executive officer.
"For the March quarter, we delivered record revenue on outstanding operational performance, enabling strong earnings growth. We anticipate continued strong momentum for our business, and in the June quarter, we expect to deliver record revenue, a mid-teens operating margin and earnings of $2.20 to $2.50 per share. We remain confident in our full year targets for earnings of $6 to $7 per share and free cash flow of $3 to $4 billion."
March Quarter 2024 GAAP Financial Results
- Operating revenue of $13.7 billion
- Operating income of $614 million with an operating margin of 4.5 percent
- Pre-tax income of $122 million with a pre-tax margin of 0.9 percent
- Earnings per share of $0.06
- Operating cash flow of $2.4 billion
- Payments on debt and finance lease obligations of $712 million
- Total debt and finance lease obligations of $19.4 billion at quarter end
March Quarter 2024 Adjusted Financial Results
- Operating revenue of $12.6 billion, 6 percent higher than the March quarter 2023
- Operating income of $640 million with an operating margin of 5.1 percent
- Pre-tax income of $380 million with a pre-tax margin of 3.0 percent
- Earnings per share of $0.45
- Operating cash flow of $2.5 billion
- Free cash flow of $1.4 billion
- Adjusted debt to EBITDAR of 2.9x, down from 3.0x at the end of 2023
- Return on invested capital of 13.8 percent on a trailing five quarter average, up 2.8 points over prior year
Financial Guidance
FY 2024 Forecast | |
Earnings Per Share | $6 - $7 |
Free Cash Flow ($B) | $3 - $4 |
Adjusted Debt to EBITDAR | 2x - 3x |
2Q24 Forecast | |
Total Revenue YoY | Up 5% - 7% |
Operating Margin | 14% - 15% |
Earnings Per Share | $2.20 - $2.50 |
1Non-GAAP measures; Refer to Non-GAAP reconciliations for historical comparison figures |
Additional metrics for financial modelling can be found in the Supplemental Information section under Quarterly Results on ir.delta.com.
15 March, 2024
Delta puts New York-JFK - Tel Aviv flights back on the schedule from 7th June
The U.S. mega-carrier will operate the route on an Airbus A330-900neo aircraft that will provide customers with nearly 2,000 weekly seats from New York to Israel. It said it had made the decision following an extensive security risk assessment and was working in conjunction with government and private-sector partners.
In recent months, Delta has strengthened its presence in Israel through a codeshare arrangement with EL AL Israel Airlines. Delta customers have access to EL AL’s direct services to Tel Aviv from major U.S. cities like New York-JFK, New York-Newark, Boston, Los Angeles, Miami and Fort Lauderdale.
The carrier had initially hoped to bring the route back on 1st May this year, customers currently booked on flights prior to 7th June restart will be proactively notified by the airline and reaccommodated accordingly.
13 March, 2024
Delta named as official airline of the ‘ACEA Run Rome the Marathon 2024’
Delta heading back to Venice.....
05 March, 2024
Delta pilot more than twice over legal alcohol limit before New York bound flight.
Delta Sync seatback brings more to SkyMiles members
Delta Sync seatback is now available on 185 aircraft and is expanding to three additional fleet types.
650+ More than 650 aircraft are in service today with fast, free Delta Sync Wi-Fi presented by T-Mobile.
26 February, 2024
Delta adds second eclipse path-of-totality flight
20 February, 2024
Eclipse viewing at 30,000 feet: Delta to offer path-of-totality flight
If you’ve ever wanted to experience a total solar eclipse from the sky, Delta has you covered this April.
DL 5699, DTW-HPN, 2:59 pm EST departure, ERJ-175DL 924, LAX-DFW, 8:40 am PST departure, A320DL 2869, LAX-SAT, 9:00 am PST departure, A319DL 1001, SLC-SAT, 10:08 am MST departure, A220-300DL 1683, SLC-AUS, 9:55 am MST departure, A320
15 February, 2024
Delta's Ed Bastian on the importance of financial well-being
This week, Delta Air Lines is doing something extraordinary – paying $1.4 billion in profits directly to our employees, a profit-sharing arrangement for frontline workers unmatched in its scope and impact. Every eligible Delta employee will receive a check that, this year, totals more than 10% of their annual salary. It’s something we do every year on Valentine’s Day to demonstrate our gratitude and love for our people, who serve our customers and ensure their safety and comfort every day.This year’s payment is no anomaly. Over the past 10 years, Delta has shared more than $1 billion in annual profits with our employees seven times. All told, since we began our profit-sharing program in 2007, the company has paid our employees $11 billion. We are unaware of any major company in our country with a comparable level of success sharing.Rewarding our people is fundamental to Delta’s values-centered business model. But writing well-earned checks isn’t always enough. Recent data indicates more than 50% of Americans don’t have access to $1,000 in savings in case of a financial emergency. That creates an enormous amount of stress and uncertainty for families across our nation. While we can’t solve the problem for everyone, we wanted to help Delta employees achieve a level of financial security by boosting their savings and financial wellness.That’s why last year, we launched the Emergency Savings Program, in partnership with Operation HOPE and Fidelity Investments. Participating employees can earn $1,000 from Delta to fund a rainy day account, along with individualized coaching and a host of tools from Operation HOPE and Fidelity to enhance their financial literacy and well-being.The results have been remarkable. Since the start of the program, more than 35,000 Delta employees have begun contributing towards an emergency savings account. Over 21,000 have completed the program, earning a $1,000 safety net contribution from Delta – and 94% of that group have kept money in their accounts, allowing it to accumulate interest until it’s truly needed for an emergency. Most participating employees are actively growing that safety net with their own earnings, on average saving $74 from every paycheck via payroll deduction.
14 February, 2024
Delta and LATAM to launch route between Santiago and Orlando
Launching June 16 and operating until Sep. 28, 2024, this seasonal route will have two weekly frequencies between the Chilean capital and one of Florida’s most popular, family-friendly destinations, recognized for its theme parks and tourist attractions.
09 February, 2024
Delta to introduce more premium lounges in 2024
New clubs and expansions.
01 February, 2024
Delta begins interior refresh on select Boeing 737-800s, expands Delta One cabin on A350-900 fleet
31 January, 2024
Delta tops the airline list and is no. 11 on Fortune’s World’s Most Admired Companies
Delta has been recognized by Fortune with a No. 11 placement on Fortune’s Top 50 Most Admired Companies list.
17 January, 2024
U.S. mega-carrier Delta orders Airbus A350-1000 aircraft
20 Airbus A350-1000 for Delta
Delta Air Lines announces December quarter and full year 2023 financial results
“2023 was a great year for Delta with industry-leading operational and financial performance. Our people and their commitment to deliver unmatched service excellence for our customers is at the foundation of Delta’s success. We are thrilled to recognize their outstanding work with $1.4 billion in profit sharing payments next month,” said Ed Bastian, Delta’s chief executive officer. “In 2024, demand for air travel remains strong and our customer base is in a healthy financial position with travel a top priority. We expect to grow full year earnings to $6 to $7 per share and generate free cash flow of $3 to $4 billion, further strengthening our financial foundation.”