Investors will get a glimpse at how the travel industry is fairing with Delta Air Lines (DAL)  set to report its Q2 results on Thursday, July 11.Entering the busy summer travel season reports from other prominent domestic carriers such as American Airlines (AAL)  and United Airlines (UAL)  will roll in later in the month. That said, let’s see if it’s time to buy Delta’s stock and take a look at how it compares to its peers. Q2 Expectations for Delta AirlinesFollowing a very tough to-compete-against prior-ye ...

New partnership will include a range of benefits for consumers traveling between North America, the Kingdom of Saudi Arabia and beyond. Delta, Riyadh Air to strengthen connectivity and harness future growth opportunities for both carriers. Agreement will enhance competition with an array of new travel choices for consumers, including future Delta service between the U.S. and Riyadh. Delta will serve as Riyadh Air's exclusive partner in North America, while Riyadh Air will be Delta's exclusive partner in Ri ...

Loading...Loading...Delta Air Lines, Inc. DAL will release its financial results for the second quarter, before the opening bell on Thursday, July 11.Analysts expect the Atlanta-based company to report quarterly earnings at $2.37 per share, down from $2.68 per share in the year-ago period. Delta Air Lines is expected to post revenue of $15.5 billion, compared to $14.61 billion a year earlier, according to data from Benzinga Pro.On July 3, TD Cowen analyst Helane Becker maintained Delta Air Lines with a Buy ...

ATLANTA, June 27, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its June quarter 2024 financial results at 10 a.m. EDT, Thursday, July 11, 2024.A live webcast of this event will be available at ir.delta.com. An online replay will be available at the same site shortly after the webcast is complete.SOURCE Delta Air Lines ...

Delta Air Lines (DAL) management recently announced a 50% hike in its quarterly dividend payout. This was the first dividend increase announced by DAL since its resumption of quarterly dividend payments last year following the COVID-induced hiatus. Under the CARES Act, airlines were prohibited from paying dividends or buying back shares till Sep 30, 2022. Coming back to Delta’s shareholder-friendly move, the airline heavyweight raised its quarterly dividend to 15 cents per share (annualized 60 cents per sha ...

In this articleDALThe bar at the Delta One lounge at New York's John F. Kennedy International Airport.Leslie Josephs | CNBCDelta Air Lines' most exclusive airport lounge opens this week to travelers flying on the right ticket.The Delta One lounge at the carrier's hub in John F. Kennedy International Airport will open Wednesday to customers departing or arriving in the Delta One cabin, the airline's highest tier of service. It's U.S. airlines' latest effort to win over top-paying customers. CNBC got a peek i ...

An Airbus A330-323 aircraft, operated by Delta Air Lines.Benoit Tessier | ReutersDelta Air Lines is the country's most profitable airline. CEO Ed Bastian's challenge is to make sure his carrier stays on top.The airline's unit revenue, the amount it brings in for every seat it flies one mile, outpaced its competitors' last year. Delta's share price has soared almost 23% in 2024, more than any rival in the rocky airline sector, in a rally that's outdone the S&P 500's. It expects free cash flow to rise as much ...

Microsoft Chief Technology Officer and Executive Vice President of Artificial Intelligence Kevin Scott speaks at the Microsoft Briefing event at the Seattle Convention Center Summit Building in Seattle, Washington, on May 21, 2024.The debate over when the Federal Reserve will start to lower interest rates, and the persistence of the artificial intelligence frenzy, are the two key factors that have been influencing the U.S. stock market. Meanwhile, concerns about the course of the economy continue to affect ...

In a shareholder-friendly move, Delta Air Lines (DAL) announced a hike in its dividend payout. DAL’s board of directors approved a dividend hike of 50%, thereby raising its quarterly cash dividend to 15 cents from 10 cents per share. The raised dividend will be paid out on Aug 20, 2024, to all its shareholders of record as of Jul 30. The move reflects DAL’s intention to utilize free cash to enhance its shareholders’ returns.   DAL has been consistently making efforts to reward its shareholders, which is enc ...

viper-zero Introduction In my previous article, I had a buy rating on Delta Air Lines (NYSE:DAL). The article focused on why my view of the company changed from negative to positive. At the time, my primary arguments focused on negative macroeconomic headwinds that I thought would cause hindrance and have not materialized. Unemployment rates and consumer confidence remained strong, while the consumer loan delinquency rate growth was slowing down. Today, I continue to stand by my bullish thesis, even after t ...