Delta Air Lines expects to significantly grow its revenues and earnings per share in 2023, based on strong growth and a full recovery to pre-pandemic levels. Solid free cash flow will help the airline to reduce its debt, it said…
UPDATE – Record-high revenues for the September quarter haven’t translated into a likewise record-high net result for Delta Airlines. The airline reported a $695 million net profit for Q3, almost half that of the same period last year as it…
Air travel in the US is back to the unrestricted pre-Covid days as airlines no longer require passengers and aircrew to wear facemasks onboard aircraft. This follows a Florida court ruling on April 18, which overturned an earlier recommendation from…
UPDATE – Delta Airlines returned to profitability in March after rebounding strongly from the first two months that were impacted by Omicron. As such, the Q1 results that it presented on April 13 are in line with the predictions from…
Despite high infections rates across the US and elsewhere in the world, Delta Airlines expects the worst of the Omicron crisis to settle down from around mid-February. The airline is projecting losses for January and February but a recovery of…
Delta Airlines has announced equity stake changes in LATAM and Aeromexico, two Latin American carriers currently under the Chapter 11 bankruptcy process. Delta will see its equity stakes in both airlines dilute due to the reorganization process. The US carrier will…