[ad_1] The S&P 500 overcame big declines in airline stocks and shares of companies that rely on discretionary spending Friday to inch closer to a new all-time high. The benchmark…
Tag: Ed Bastian
Airline stocks tumble after Delta trims profit forecast
[ad_1] Delta Air Lines shares slipped about 8% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per share of $6 to $7, below its previous…
Delta more than doubles fourth-quarter profit, CEO predicts strong 2024
[ad_1] Airbus A330neo widebody aircraft meant for Delta Air Lines being tested in Toulouse, France. Nurphoto | Nurphoto | Getty Images Delta Air Lines closed out the year by doubling…
Delta Air Lines profit jumps almost 60% after strong summer
[ad_1] Delta Air Lines’ profit rose nearly 60% in the third quarter as strong travel demand continued through the summer, particularly for international trips, though the carrier forecast full-year earnings…
Israel Flight Cancellations, Ticket Prices Leave Some Stranded
[ad_1] Updated Oct. 12, 2023 3:02 pm ET Airlines have suspended flights into Israel en masse, leaving people seeking to exit from the country contending with fewer flights and sky-high…
Travel Stocks Charge Higher Ahead of Peak Season
[ad_1] Yet companies have had to focus on paying down the debt incurred to survive the pandemic instead of returning cash to shareholders. [ad_2] Source link
Delta lifts profit forecast thanks to strong demand and premium tickets
[ad_1] Nurphoto | Nurphoto | Getty Images Delta Air Lines on Tuesday raised its second-quarter forecast and estimated full-year adjusted earnings of $6 a share, at the high end of…
Delta Reports Quarterly Loss, Projects Strong Summertime Travel
[ad_1] Business Earnings Airlines say travel appetite is holding up despite worries about inflation, layoffs [ad_2] Source link
Delta Air Lines posts quarterly loss but forecasts profit as peak travel season approaches
[ad_1] Delta Air Lines airplanes at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Delta Air Lines…
Delta raises employee pay 5%, second increase in a year
[ad_1] Nurphoto | Nurphoto | Getty Images Delta Air Lines is raising employee pay 5%, the second time its lifted staff pay in less than a year as a sharp…