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Two dead after explosion at Delta Air Lines maintenance depot
Sky News· 2024-08-27 22:21
Two people have been killed and another seriously injured after an explosion at a Delta Air Lines maintenance depot at Atlanta's airport in Georgia.An aircraft tyre reportedly exploded, according to a union representative who spoke to Sky News' US partner, NBC News. Several fire and police units responded to a hangar at Hartsfield-Jackson Atlanta International Airport, Georgia shortly after 5am (10am UK time).The airline said it is conducting an investigation and working with local authorities."The Delta fa ...
Delta chief operations officer departing for another company after just over a year on the job
CNBC· 2024-08-23 14:11
Delta Air Lines' chief operating officer is leaving at the end of the month, the company said in a securities filing on Friday.CEO Ed Bastian said in an employee memo that Chief Operations Officer Mike Spanos is taking a job at another company.His departure, after just over a year on the job, comes weeks after Delta suffered a meltdown in the wake of the massive CrowdStrike outage in July. Delta estimates those disruptions cost the airline some $500 million and said it will seek compensation from CrowdStrik ...
Delta Gold vs. Delta Platinum: Which card offers more Delta savings?
Yahoo Finance· 2024-08-22 16:58
Core Points - The Delta SkyMiles Gold American Express Card and Delta SkyMiles Platinum American Express Card are co-branded travel credit cards designed for Delta Airlines customers, each offering distinct benefits and rewards tailored to different travel preferences and spending habits [2][9]. Delta SkyMiles Gold American Express Card Overview - The Gold card has a $0 introductory annual fee for the first year, transitioning to $150 thereafter [4]. - A welcome offer includes earning 50,000 bonus miles after spending $2,000 in the first 6 months [4]. - The ongoing APR ranges from 19.74% to 28.74% variable [4]. - Recommended credit score for applicants is Excellent/Good [4]. - Rewards structure includes 2x miles on Delta purchases, U.S. supermarkets, and restaurants worldwide, and 1x mile on all other eligible purchases [4]. Delta SkyMiles Gold Benefits - Key benefits include a $200 Delta Flight Credit after spending $10,000 in a calendar year, free first checked bag on Delta flights, and in-flight savings [5][10]. - The card is positioned as a solid option for occasional Delta travelers seeking travel savings without high costs [5][6]. Delta SkyMiles Platinum American Express Card Overview - The Platinum card has a higher annual fee of $350 [12]. - A welcome offer includes earning 60,000 bonus miles after spending $3,000 in the first 6 months [12]. - The ongoing APR also ranges from 19.74% to 28.74% variable [12]. - Recommended credit score for applicants is Excellent/Good [12]. Delta SkyMiles Platinum Benefits - Benefits include a $200 Delta flight credit after spending $10,000, 15% savings on award flights, and various statement credits for hotel bookings and in-flight purchases [9][13][20]. - The card offers an annual companion certificate for a round-trip flight, which can provide significant value for frequent travelers [15][21]. - It is designed for more frequent Delta travelers who can maximize the card's benefits and rewards [14][24]. Comparison of Gold and Platinum Cards - The Gold card is best suited for occasional travelers who prefer earning Delta SkyMiles without incurring high fees, while the Platinum card is tailored for frequent travelers who can leverage its extensive benefits [22][24]. - Both cards have distinct advantages, but the Platinum card offers more comprehensive rewards and perks for those who travel regularly with Delta [27][28].
Is It Worth Investing in Delta (DAL) Based on Wall Street's Bullish Views?
ZACKS· 2024-08-21 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Delta Air Lines (DAL) .Delta currently has an average brokerage r ...
Delta Air Lines (DAL) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-08-16 22:45
In the latest trading session, Delta Air Lines (DAL) closed at $40.15, marking a -0.07% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.2%. Elsewhere, the Dow gained 0.24%, while the tech-heavy Nasdaq added 0.21%.Shares of the airline witnessed a loss of 10.55% over the previous month, beating the performance of the Transportation sector with its loss of 19.48% and underperforming the S&P 500's loss of 1.49%.The upcoming earnings release of Delta Air Lines will ...
Delta Air Lines: Damage Control
Seeking Alpha· 2024-08-16 16:46
Boarding1Now Delta Air Lines, Inc. (NYSE:DAL) entered the key summer flying season as the most valued domestic airline. The legacy airline is exiting the crucial flying period in damage control mode after a major computer outage impacted operations far more than peers. My investment thesis remains Bullish on the airline due to the extremely cheap valuation, but other airlines might outperform in the short term. Source: Finviz CrowdStrike Outage The whole corporate world was faced with a global compute ...
Delta Air (DAL) Looking to Strengthen its Mexican Presence
ZACKS· 2024-08-15 14:16
Delta Air Lines (DAL) intends to increase the flying options for its passengers to Mexico. This Atlanta-based carrier decided to introduce routes from Detroit to Tulum and Los Angeles to Mazatlán this winter. Additionally, Delta’s partner Aeromexico will introduce flights from Atlanta to Manzanillo and Newark to Mexico City. Following these route additions, Delta’s seat capacity will increase 7% as it aims to meet the anticipated demand swell in winter.Following the decision, Joe Esposito, Delta’s senior V. ...
Delta Air Lines Will Likely Fly Above The Turbulence
Seeking Alpha· 2024-08-14 07:02
Boarding1Now The airline industry has seen a very eventful month of news and stock movement. As it usually does, Delta Air Lines (NYSE:DAL) kicked off the second quarter 2024 earnings season with a healthy profit, but which was down year over year. United (UAL) followed with its earnings less than a week later and also reported a strong second quarter, moving the two U.S. megacarrier earnings the closest they have been in years in the traditionally strong second quarter. Delta and United are both pursui ...
3 Airline Stocks to Buy on the Dip: August 2024
Investor Place· 2024-08-13 17:12
Thanks to the benefit of hindsight, the disastrous spell of the Covid-19 crisis represented the best time for airline stocks to buy on the dip. Obviously, that season has long passed. However, that doesn’t mean that the concept of acquiring temporarily undervalued air travel investments is no longer relevant. On the contrary, we could be sitting on a similar opportunity.Yes, the phenomenon of revenge travel – or the acute need to leave the home and enjoy much-needed experiences – has faded. Nevertheless, in ...
Delta Air Lines: ‘We Spend Billions On Tech. For This?'
Forbes· 2024-08-07 15:50
Baggage sits at Delta baggage claim at LAX on July 24. (Photo by Patrick T. Fallon) AFP via Getty ImagesSo far this week Delta has a couple of nasty letters from tech company attorneys and a downgraded earnings estimate from a key Wall Street analyst. More routinely, Hurricane Debby is causing cancellations and delays in the Southeast, where Delta operates its biggest hub.The letters were from attorneys representing Microsoft and CrowdStrike, whom Delta has blamed for its late-July breakdown that caused it ...