All Delta Air Lines articles – Page 12
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NewsWarren Buffett’s investment firm sells out of four major US carriers
Renowned investor Warren Buffett has dumped his stakes in four major US carriers, four years after joking that his firm Berkshire Hathaway was set to benefit from airlines’ tendency to increase fares ahead of its shareholder events. Buffett disclosed the decision to shareholders during Berkshire Hathaway’s 2020 event on 2 ...
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NewsDelta upsizes secured private placement to $3.5bn
Delta Air Lines has priced $3.5 billion of five-year notes at 7% as it boosts its liquidity position to manage through the coronavirus pandemic.
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NewsDelta Air Lines reports Q1 loss, cuts daily cash burn by half
Delta Air Lines says it anticipates cutting its daily cash burn by 50% as the coronavirius pandemic drags on into the second quarter of the year and passenger demand continues to be at about 5% of normal.
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NewsDelta secures $5.4 billion in CARES Act payroll support
US carrier Delta Air Lines will receive $5.4 billion in emergency funding through the CARES Act’s payroll support programme.
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NewsSouthwest and American announce government aid deal
Two US passenger carriers say they have reached deals with the government on the amount of emergency financial aid promised to the industry as part of the $2 trillion CARES Act, as airlines realign their networks to face the realities of the sharp drop-off in travel demand since the coronavirus pandemic began.
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NewsJetBlue and Delta apply for federal payroll grants
JetBlue Airways and Delta Air Lines have applied for federal payroll grants in time for the US Treasury Department to ensure quick approval, yet the chief executives of both carriers say they will need to raise additional capital.
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Airline BusinessUS carriers race to shrink fleets as nearly 400 near-term aircraft deliveries loom
The speed at which a handful of US passenger airlines bounce back from the coronavirus pandemic will to a large degree determine how significantly the virus downturn wallops airframers Airbus and Boeing.
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NewsDelta to ground 300 aircraft and cut all flights to mainland Europe
Delta Air Lines has told employees that it is grounding 300 aircraft, representing 30% of its total aircraft fleet, and cutting all flights to mainland Europe as the coronavirus cripples travel and grips the world.
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NewsLos Angeles teacher sues Delta for fuel dump
A teacher at a Los Angeles area high school has sued Delta Air Lines following a fuel dump from a Delta jet experiencing engine troubles after departing Los Angeles International airport.
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NewsDelta plans to cut flights, ground aircraft and hoard cash as virus hammers demand
Delta Air Lines has cut near-term capacity at least 15% and has started hoarding cash in response to the coronavirus outbreak, which has pushed Delta’s bookings down as much as 30%.
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NewsDelta announces new routes from Seattle
Delta Air Lines is expanding its service on routes from its West Coast hub of Seattle-Tacoma international airport, bringing the number of destinations it serves from the northwestern US city to 56.
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NewsAmerican, Delta suspend flights to Italy
American Airlines and Delta Air Lines cancelled their flights to northern Italy as passengers become increasingly skittish about traveling to areas where the coronavirus, also known as Covid-19, has rapidly spread in the past few days.
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NewsA350 engine shutdown incidents linked to cockpit drink spills
Airbus and Rolls-Royce are investigating two incidents in which A350s experienced uncommanded in-flight engine shutdown after drinks were spilled on controls situated on the cockpit centre pedestal. FlightGlobal understands that the airframer is to discuss the matter with operators on 30 January, and will issue a transmission on recommended practices ...
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NewsEngine surge and roll-back preceded Delta A350 diversion
Canadian investigators have disclosed that a Korea-bound Delta Air Lines Airbus A350-900 encountered engine surges and a thrust roll-back before the aircraft diverted to Alaska. The aircraft (N508DN) had been operating the DL159 service from Detroit to Seoul on 21 January. Transportation Safety Board of Canada says the right-hand Rolls-Royce ...
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NewsDelta ramps up Miami flights to boost LATAM collaboration
Delta Air Lines says it will add 13 new daily nonstop flights from Miami to US destinations as its strategy following its $1.9 billion investment in Latin American carrier LATAM Airlines begins to take shape.
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NewsDelta jet slides off taxiway in winter weather
A Delta Air Lines Airbus A319 slid off a taxiway at Kansas City International airport during bad weather on 17 January, leading the airport to temporarily cease operations due to deteriorating winter conditions.
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NewsLATAM moves JFK operations to Delta’s Terminal 4
LATAM Airlines says it is moving its operations at New York’s John F Kennedy International Airport (JFK) to Terminal 4, home to Delta Air Lines, as it begins to merge operations following Delta’s closing on a deal that gave it 20% of the Chilean carrier.
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NewsDelta 777 dumps fuel on schoolchildren before making emergency landing
Delta Air Lines says that one of its aircraft dumped fuel over suburban Los Angeles as it was returning to Los Angeles international airport after declaring an emergency, slightly injuring 17 children and nine adults who were outdoors on a school playground.
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NewsDelta posts strong 2019 results with expanded global reach and non-737 Max fleet
Delta Air Lines, the only major US airline without Boeing 737 Max in its fleet, posted strong full-year 2019 results, as passenger demand rose and the carrier benefitted from rivals’ difficulties with the grounded aircraft.
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NewsVietnam Airlines given green light for Delta partnership
The United States’ Department of Transport (DoT) has allowed Vietnam Airlines and Delta Air Lines to widen their codeshare cooperation. The approval comes after both carriers first inked an agreement last August with the intent of upgrading their relationship. The cooperation, expected to take effect this month, will see both ...