This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Delta Airlines aircraft takes off as United Airlines aircraft sits on the tarmac at LaGuardia Airport in New York on Friday, July 19, 2024, after a faulty CrowdStrike update caused a major internet outage for computers running Microsoft Windows. Credit: AP Photo/Yuki Iwamura Airlines, including Delta Air Lines, continued to stru ...

Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports.Delta Air Lines is offering flight attendants extra pay to help staff trips as the airline's disruptions continue after Friday's IT outage, according to a staff memo seen by CNBC.The Atlanta-based airline canceled more tha ...

An Airbus A350-941 from Delta Air Lines is taking off from Barcelona airport in Barcelona, Spain, on ... [+] May 8, 2024. (Photo by JanValls/Urbanandsport /NurPhoto via Getty Images)NurPhoto via Getty ImagesDelta (NYSE: DAL) reported its Q2 results last week, with revenues aligning and earnings exceeding our estimates. The company reported adjusted revenue of $15.45 billion and earnings of $2.36 on a per share and adjusted basis, compared to our estimates of $15.45 billion and $2.32, respectively. In this n ...

Boarding1Now/iStock Editorial via Getty Images Delta Air Lines (NYSE:DAL) kicked off earnings season for airlines earlier this week. The stock fell after reporting second quarter earnings, and given that I have a buy rating from April on Delta stock that saw a 16% return, that is of course somewhat disappointing. In this report, I will be analyzing the second quarter results and assessing my rating and price target. Delta Revenues Growth In Line With Seat Growth Delta Air Lines For the second quarter, ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDelta Air Lines has issued a public apology for a perceived anti-Palestinian social media post.Earlier this ...

Undervalued Stocks Overview - Undervalued stocks with strong fundamentals and sizable dividends can be expected to rise as the market discovers their potential [1] - Long-term investment success often depends on uncovering and holding these hidden gems [1] - Despite the stock market being at an all-time high, there are still bargains to be found [1] Delta Air Lines (DAL) - Delta Air Lines stock fell 7% after Q2 earnings due to forward guidance missing Wall Street expectations [2] - The stock is down 10% over the last 12 months and trading 30% below pre-pandemic levels [2] - Delta is trading at just five times future earnings estimates and pays a quarterly dividend of 15 cents per share [2] - Corporate travel continues to recover from pandemic lows and is expected to rise further [3] General Motors (GM) - General Motors stock has gained 33% this year but is still trading at a price-earnings ratio of five times future earnings estimates [4] - The company reported its best quarterly sales in nearly four years, driven by a 40% increase in EV sales [5] - GM announced a $6 billion stock buyback program and increased its quarterly dividend by 33% to 12 cents per share [5] United Parcel Service (UPS) - UPS stock has declined 25% in the last 12 months and is trading at 20 times future earnings [6] - The company pays a dividend of $1.63 per share, yielding 4.72% [6] - UPS has become the primary air cargo provider for the U.S. Postal Service, replacing FedEx, and sold its third-party logistics business for $1 billion [6]

Oleksandr Sytnyk/iStock via Getty Images Investment Thesis The last time I talked about Delta Air Lines (NYSE: NYSE:DAL), I discussed the company’s FY23 fourth quarter results and argued why a combination of a resurgence in international travel andstrong demand for the airline’s premium products supports its long-term growth story. I had a BUY rating on the stock. Since my article was published in February 2024, the stock has gained 8.45%, underperforming the S&P 500, which gained 13.2% during the same p ...

Business travel at Delta Air Lines is surging, exceeding expectations with “mid-teens” growth, according to a Thursday (July 11) Q2 earnings transcript.Delta President Glen Hauenstein said during the call that Delta benefited from double-digit volume growth in this high-value segment with broad demand and growth across all sectors. He noted that the company’s premium tier continued to perform (10% year-over-year increase) admirably and helped differentiate the airline’s results.“We have runway ahead as we c ...

CNBC's Jim Cramer shared his assessment of Delta Air Lines stock, which reported a revenue miss on Thursday. He said investors should understand that there is a difference between Delta as a stock and Delta as a company."In recent years, we've convinced ourselves that the airline industry has discipline on pricing, but historically, that's not usually the case, and now there's a skunk at the garden party," he said. "Delta the company is terrific. Delta the airline stock is only as good as the weakest compet ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-5424 DELTA AIR LINES, INC. (Exact name of registrant as specified in its charter) Delaware 58-0218548 (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...