GATX Corporation’s (GATX) first-quarter 2024 earnings per share (EPS) of $2.01 outpaced the Zacks Consensus Estimate of $1.72. However, the bottom line declined 8.6% year over year. Revenues of $379.9 million improved 12.1% year over year.Lease revenues of $333.3 million grew 10.3% year over year. Revenues from other sources rose 15.5% to $33.4 million.Total expenses (on a reported basis) rose 8% to $265.9 million.Profits in the Rail North America segment profit decreased to $90.3 million from $95.2 million ...

United Parcel Service, Inc. (UPS) first-quarter 2024 earnings per share of $1.43 beat the Zacks Consensus Estimate of $1.33 but declined 35% year over year. Revenues of $21,706 million fell short of the Zacks Consensus Estimate of $21,960.6 million and decreased 5.3% year over year.UPS generated $3,316 million of net cash from operating activities in the first quarter. Capital expenditures were $1,035 million. Free cash flow was $2,280 million.U.S. Domestic Package revenues decreased 5% year over year to $1 ...

Delta Air Lines employees are getting a 5% raise across the board and minimum starting pay will be raised to $19 an hour starting June 1, the company announced Monday. "Delta’s leading position comes thanks to a simple concept that dates back nearly a century – invest in our people first, and they will deliver great service and experiences for our customers," CEO Ed Bastian said in a memo to all employees. "That’s exactly what you do, and it always sets us apart."  The pay hikes announcement comes roughly t ...

Delta Air Lines jets are seen on a taxiway at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S. December 22, 2021.Delta Air Lines said it is raising staff pay by another 5% this year as the country's most profitable airline prepares for the busy summer travel season.The pay increase, which starts June 1, applies to workers including flight attendants, ground handlers, mechanics and some office workers, among others. It does not apply to pilots, who are unionized and ratified a contr ...

Despite challenges such as inflation and safety concerns, including the Boeing 737 Max 9 door plug incident, demand for flights persists. United Airlines' (UAL) Chief Commercial Officer, Andrew Nocella, anticipates record-breaking numbers of travelers this summer.The same was the tone of Delta Air Lines (DAL) ’ CEO Ed Bastian. Delta’s demand continues to be strong, with a record spring and summer travel season. Delta’s 11 highest sales days in its history happened this calendar year, as quoted on CNBC.Unite ...

The investment case for buying stock in the airline just got a lot stronger.Delta Air Lines (DAL -0.45%) recently released earnings and the results were excellent, checking off nearly all the items many investors look for from a company in the transportation sector. As such, the stock remains a great investment option for those seeking a long-term growth stock.That's the overarching take on Delta. Now let's take a closer look at why this is the best airline stock to buy at the moment.Delta ticks all the box ...

Delta Air Lines Airbus A330-900neo wide body passenger aircraft spotted while towed in Amsterdam ... [+] Schiphol Airport AMS EHAM with the air traffic control tower visible, towards the gates of the airport terminal to operate the flight DL143, departing to Seattle SEA in the USA. Amsterdam, Netherlands on April 11, 2024 (Photo by Nicolas Economou/NurPhoto via Getty Images)NurPhoto via Getty ImagesDelta (NYSE: DAL) reported its Q1 results earlier this week, with revenues aligning and earnings beating the s ...

British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021.International travel roared back last year, pushing airports from London to Tokyo up in a global ranking of passenger traffic.Dubai International Airport ranked second-busiest in 2023, up from fifth place in 2022 and fourth place in 2019, according to Airport Council International's preliminary ranking, which was released on Monday. Passenger traffic to Tokyo Haneda International Airport jumped 55% last yea ...

Delta stock's not an obvious bargain yet -- but at least it is profitable again.Delta Air Lines (DAL -1.62%) reported terrific earnings last week -- $0.45 per share (adjusted for one-time items), a full $0.10 above what most Wall Street analysts predicted for the airline. Delta followed up on the good Q1 news by predicting ahead-of-consensus earnings for Q2 as well, and 2024 as a whole, sparking a series of upgrades on Wall Street.Notable among these was a note from Susquehanna's Christopher Stathoulopoulos ...

Two United pilots check on their airplane.United Airlines In one substantial way, American Airlines’ contract with its pilots union differs from the contracts at Delta and United. American’s contract does not specify that its airplanes will be operated with two pilots in the cockpit.The issue is important as Airbus, now the world’s dominant aircraft manufacturer, pushes efforts to move towards single pilot operation. The European Union Aviation Safety Agency, known as EASA, is studying extended minimum crew ...