Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, London-Heathrow, Mexico City, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,100 aircraft. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.
IPO Year:
Exchange: NYSE
Website: delta.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/2/2024 | $55.00 → $61.00 | Buy | TD Cowen |
3/20/2024 | $59.00 | Buy | UBS |
3/7/2023 | $40.00 → $47.00 | In-line → Outperform | Evercore ISI |
2/8/2023 | $55.00 | Neutral → Buy | Redburn |
1/5/2023 | $39.00 | Hold → Buy | Argus |
12/16/2022 | $40.00 | Buy | Goldman |
12/15/2022 | $50.00 → $40.00 | Outperform → In-line | Evercore ISI |
10/14/2022 | $54.00 | Market Perform → Outperform | Cowen |
7/15/2022 | Buy → Hold | Argus | |
4/18/2022 | $44.00 → $53.00 | Neutral → Buy | UBS |
4 - DELTA AIR LINES, INC. (0000027904) (Issuer)
4 - DELTA AIR LINES, INC. (0000027904) (Issuer)
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4 - DELTA AIR LINES, INC. (0000027904) (Issuer)
4 - DELTA AIR LINES, INC. (0000027904) (Issuer)
4 - DELTA AIR LINES, INC. (0000027904) (Issuer)
4 - DELTA AIR LINES, INC. (0000027904) (Issuer)
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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. View original content to download multimedia:https://www.prnewswire.com/news-releases/delta-air-lines-announces-webcast-of-june-quarter-2024-financial-results-302183745.html SOURCE Delta Air Lines
ATLANTA, June 20, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.15 per share, an increase of 50% over previous levels. The dividend is payable to shareholders of record as of the close of business on July 30, 2024, and will be paid on August 20, 2024. About Delta Through the warmth and service of Delta Air Lines (NYSE:DAL) people and the power of innovation, Delta never stops looking for ways to make every trip feel tailored to every customer. There are 100,000 Delta people leading the way to deliver a world-class
ATLANTA, April 25, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of the close of business on May 14, 2024, and will be paid on June 4, 2024. About Delta Through the warmth and service of Delta Air Lines (NYSE:DAL) people and the power of innovation, Delta never stops looking for ways to make every trip feel tailored to every customer. There are 100,000 Delta people leading the way to deliver a world-class customer experience on over 4,000 daily fli
Delivered industry-leading operational performance, record March quarter completion factor March quarter revenue and earnings at the high end of guidance Expect record June quarter revenue, mid-teens operating margin, and EPS of $2.20 to $2.50 Reiterating 2024 outlook for EPS of $6 to $7 and free cash flow of $3 to $4 billion ATLANTA, April 10, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) today reported financial results for the March quarter and provided its outlook for the June quarter. Highlights of the March quarter, including both GAAP and adjusted metrics, are on page five and incorporated here.
ATLANTA, March 27, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its March quarter 2024 financial results at 10 a.m. EDT, Wednesday, April 10, 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/delta-air-lines-announces-webcast-of-march-quarter-2024-financial-results-302099761.html SOURCE Delta Air Lines
ATLANTA, Feb. 8, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of the close of business on Feb. 26, 2024, and will be paid on March 18, 2024. About Delta No one better connects the world Through the warmth and service of Delta Air Lines (NYSE:DAL) people and the power of innovation, Delta never stops looking for ways to make every trip feel tailored to every customer. 100,000 Delta people lead the way in delivering a world-class customer experience
Delivered industry-leading operational performance and financial results in December quarter Generated record full year revenue and over $5 billion of pre-tax income, a near doubling over 2022 Guiding to 2024 free cash flow of $3 to $4 billion, an improvement of up to $2 billion over 2023 Expect record March quarter revenue on improving domestic environment and continued strength in international demand, with solid profitability ATLANTA, Jan. 12, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) today reported financial results for the December quarter and full year 2023 and provided its outlook for the March quarter and full year 2024. Highlights of the December quarter and full year 2023,
ATLANTA, Dec. 29, 2023 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its December quarter and full year 2023 financial results at 10 a.m. EST, Friday, Jan. 12, 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/delta-air-lines-announces-webcast-of-december-quarter-and-full-year-2023-financial-results-302022388.html SOURCE De
Record September quarter revenue with earnings growth of over 30 percent year-over-year Expect full year adjusted revenue growth of 20 percent over 2022 with a double-digit operating margin Guiding full year adjusted EPS of $6.00 - $6.25 and free cash flow of $2 billion Balance sheet progressing toward investment grade metrics with S&P rating upgraded to BB+ ATLANTA, Oct. 12, 2023 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) today reported financial results for the September quarter and provided its outlook for the December quarter 2023. Highlights of the September quarter, including both GAAP and adjusted metrics, are on page five and incorporated here.
ATLANTA, Sept. 28, 2023 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of the close of business on October 12, 2023, and will be paid on November 2, 2023. About Delta No one better connects the world Through the warmth and service of the Delta Air Lines (NYSE:DAL) people and the power of innovation, Delta never stops looking for ways to make every trip feel tailored to every customer. More than 90,000 Delta people lead the way in delivering a world-class
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume JCI CALL SWEEP BEARISH 07/19/24 $67.50 $27.9K 2.5K 3.6K ZIM PUT SWEEP BEARISH 08/16/24 $20.00 $36.4K
Delta Air Lines's (NYSE:DAL) short percent of float has risen 35.45% since its last report. The company recently reported that it has 25.54 million shares sold short, which is 4.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.75 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Tuesday. Shares of Tesla, Inc. (NASDAQ:TSLA) rose sharply in today's session after the company reported second-quarter production and delivery figures. Texas-based Tesla reported second-quarter deliveries that declined from a year ago, although improving from the first quarter. Tesla shares jumped 8.6% to $227.82 on Tuesday. Here are some other big stocks recording gains in today’s session. Wheels Up Experience Inc. (NYSE:UP) shares jumped 46.3% to $3.25 despite a lack of company announcements from the session. The company last week announced a new streamline product portfolio in connection with D
Wheels Up Experience Inc (NYSE:UP) shares are surging despite a lack of company announcements from the session. The company last week announced a new streamline product portfolio in connection with Delta Air Lines Inc (NYSE:DAL), a strategic partner of the on-demand private aviation company. What Happened: Wheels Up said it worked with Delta Air Lines to be able provide a new product model that offers even greater levels of flexibility for travelers. “We are introducing the marketplace to a new way of flying private, one that further delivers choice to customers and adds to the value of Wheels Up’s premium travel experience by capitalizing on our global aviation network, competitive pr
TD Cowen analyst Helane Becker maintains Delta Air Lines (NYSE:DAL) with a Buy and raises the price target from $55 to $61.
In the preceding three months, 10 analysts have released ratings for Delta Air Lines (NYSE:DAL), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 4 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 3 4 0 0 0 Analysts have set 12-month price targets for Delta Air Lines, revealing an average target of $64.08, a high estimate of $85.00, and a low estimate of $53.00. Witnessing a positive shift, the curre
Jefferies analyst Sheila Kahyaoglu maintains Delta Air Lines (NYSE:DAL) with a Buy and lowers the price target from $58 to $56.
The Federal Aviation Administration (FAA) has issued a new airworthiness directive targeting specific structural issues in 13 Boeing Co’s (NYSE:BA) 757-200 airplanes registered in the U.S., aiming to mitigate the risk of in-flight problems due to identified fatigue cracking. The directive follows reports of potential cracking around the lavatory service panels on these aircraft, according to a Reuters report. The FAA has pinpointed excessive stress concentrations at the lavatory service panel access pan, the fuselage skin, and the stringer 22 attachment point as the primary concern. If unaddressed, these issues could lead to significant in-flight depressurization and compromise the
Financial giants have made a conspicuous bullish move on Delta Air Lines. Our analysis of options history for Delta Air Lines (NYSE:DAL) revealed 10 unusual trades. Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $284,481, and 5 were calls, valued at $171,362. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $44.0 and $55.0 for Delta Air Lines, spanning the last three months. Insights into Volume & Open Interest Looking at the volume and open interest is a powerful move
Air France - KLM group, Delta Air Lines, and Virgin Atlantic Join Forces to Improve ESG Performance Across Their Value Chains Air France-KLM, Delta Air Lines and Virgin Atlantic today announced the launch of the Sustainable Airlines Initiative (SAI) in partnership with EcoVadis. Driven by members' commitment to improve sustainability performance, the SAI will work to accelerate sustainable practices through close collaboration with trading partners to build transparency and scale positive impact across their value chains. "Commercial aviation is critical for our economies and a conduit for connecting billions of people. The environmental and social crisis the planet is facing has elevat
Floor & Decor Holdings, Inc. (NYSE:FND) announced today that Dwight James, Senior Vice President – Customer Engagement & Loyalty for Delta Air Lines (NYSE:DAL), and CEO of Delta Vacations, has been appointed to Floor & Decor's Board of Directors, effective September 30, 2021. Floor & Decor also announced that David Kaplan, Co-Founder of Ares Management Corporation, resigned from its Board of Directors, effective September 30, 2021. David remarked, "I am proud to have been part of Floor & Decor's remarkable growth over the last decade and thankful for the partnership I have enjoyed with the entire management team. I believe that the future is very bright for Floor & Decor and that the Board
TD Cowen reiterated coverage of Delta Air Lines with a rating of Buy and set a new price target of $61.00 from $55.00 previously
UBS initiated coverage of Delta Air Lines with a rating of Buy and set a new price target of $59.00
Evercore ISI upgraded Delta Air Lines from In-line to Outperform and set a new price target of $47.00 from $40.00 previously
Redburn upgraded Delta Air Lines from Neutral to Buy and set a new price target of $55.00
Argus upgraded Delta Air Lines from Hold to Buy and set a new price target of $39.00
Goldman resumed coverage of Delta Air Lines with a rating of Buy and set a new price target of $40.00
Evercore ISI downgraded Delta Air Lines from Outperform to In-line and set a new price target of $40.00 from $50.00 previously
Cowen upgraded Delta Air Lines from Market Perform to Outperform and set a new price target of $54.00
Argus downgraded Delta Air Lines from Buy to Hold
UBS upgraded Delta Air Lines from Neutral to Buy and set a new price target of $53.00 from $44.00 previously
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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. View original content to download multimedia:https://www.prnewswire.com/news-releases/delta-air-lines-announces-webcast-of-june-quarter-2024-financial-results-302183745.html SOURCE Delta Air Lines
ATLANTA, June 20, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.15 per share, an increase of 50% over previous levels. The dividend is payable to shareholders of record as of the close of business on July 30, 2024, and will be paid on August 20, 2024. About Delta Through the warmth and service of Delta Air Lines (NYSE:DAL) people and the power of innovation, Delta never stops looking for ways to make every trip feel tailored to every customer. There are 100,000 Delta people leading the way to deliver a world-class
ATLANTA, April 26, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE: DAL) board of directors today announced Maria Black and Willie CW Chiang as its newest members. Ms. Black is the President and Chief Executive Officer of Automatic Data Processing, Inc., a leading global technology company providing human capital management (HCM) solutions. Mr. Chiang is the Chairman and Chief Executive Officer of Plains All American Pipeline, L.P., and its general partner holding company Plains GP Holdings, L.P. PAA is a publicly traded master limited partnership that owns and operates midstream
ATLANTA, April 25, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of the close of business on May 14, 2024, and will be paid on June 4, 2024. About Delta Through the warmth and service of Delta Air Lines (NYSE:DAL) people and the power of innovation, Delta never stops looking for ways to make every trip feel tailored to every customer. There are 100,000 Delta people leading the way to deliver a world-class customer experience on over 4,000 daily fli
The new limited-edition Card design is available for Delta SkyMiles® Reserve and Reserve Business American Express Card Members from April 25 to June 51. American Express (NYSE:AXP) and Delta Air Lines® (NYSE:DAL) today unveiled the next iteration of the limited-edition Boeing 747 Delta SkyMiles® Reserve Card design. Following the enthusiastic response from Card Members when first launched in 2022, there will be twice as many cards produced in 2024 made from two Delta 747 planes2 that were retired in 2017 after more than 27 years of service. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240425971731/en/American Express and De
Leading global airline to take operations and customer experiences to even higher altitudes with 5G Today, Delta Air Lines (NYSE:DAL) announced it has named T-Mobile (NASDAQ:TMUS) as its preferred mobility partner, uniting America's most awarded airline with America's most awarded 5G network. Over the span of this long-term agreement, Delta will move more than 60,000 lines to T-Mobile and deploy a T-Mobile 5G hybrid network at their Atlanta headquarters to strengthen operational efficiency and enhance customer service. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240414675948/en/Delta Air Lines Selects T-Mobile as Preferred
The partnership with the flag carrier of Sri Lanka is emblematic of UATP's increasing presence in Southeast Asia and the Indian subcontinent WASHINGTON, April 10, 2024 /PRNewswire/ -- SriLankan Airlines, the national airline of Sri Lanka, has reaffirmed its Merchant status with UATP, the global payment network that enables organizations to simplify payment processes to expand their payment capabilities. As part of the UATP network, SriLankan Airlines can accept UATP payments in a variety of sales channels across multiple countries and currencies, ultimately helping the airline fuel its expansion and profitability goals.
Delivered industry-leading operational performance, record March quarter completion factor March quarter revenue and earnings at the high end of guidance Expect record June quarter revenue, mid-teens operating margin, and EPS of $2.20 to $2.50 Reiterating 2024 outlook for EPS of $6 to $7 and free cash flow of $3 to $4 billion ATLANTA, April 10, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) today reported financial results for the March quarter and provided its outlook for the June quarter. Highlights of the March quarter, including both GAAP and adjusted metrics, are on page five and incorporated here.
ATLANTA, March 27, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its March quarter 2024 financial results at 10 a.m. EDT, Wednesday, April 10, 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/delta-air-lines-announces-webcast-of-march-quarter-2024-financial-results-302099761.html SOURCE Delta Air Lines
Air France - KLM group, Delta Air Lines, and Virgin Atlantic Join Forces to Improve ESG Performance Across Their Value Chains Air France-KLM, Delta Air Lines and Virgin Atlantic today announced the launch of the Sustainable Airlines Initiative (SAI) in partnership with EcoVadis. Driven by members' commitment to improve sustainability performance, the SAI will work to accelerate sustainable practices through close collaboration with trading partners to build transparency and scale positive impact across their value chains. "Commercial aviation is critical for our economies and a conduit for connecting billions of people. The environmental and social crisis the planet is facing has elevat