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The Latest Breaking News from Ed Bastian

Delta posts record revenue, but one-time pilot payouts pinch results

Delta Air Lines posted a record $12.8 billion in revenue in the first quarter of the year, as demand for air travel soared and travelers paid more for flights and premium seats.

Tribune News Service

Delta Airlines Is Planning an 15,000 Seat Upgrade Travelers Will Love

The airline is doubling down on this key sector.

The Street

Delta Travel Outlook Can't Lift Airline Stocks As Fuel, Wage Costs Weigh On Q1 Profits

"With solid March quarter profitability and a strong outlook for the June quarter, we are confident in our full-year guidance," said Delta CEO Ed Bastian.

The Street

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Spring travel squeezing airports, airlines as summer surge looms

Anand Srinivasan was just about to check his baggage for a family spring break trip to Rhode Island, when he discovered the flight had been canceled.

Tribune News Service

Editorial: Is it time for a national no-fly list for unruly passengers?

There are places where violence can be particularly destructive. Inside a fuselage jammed with people flying at 600 mph at 30,000 feet is certainly one of them.

Tribune News Service

S&P 500 Stock Exxon Mobil Leads Top 5 Stocks Near Buy Points

Exxon Mobil leads blue chips near buy points as market rally gains momentum.

Investors Business Daily

Delta's free WiFi, Sync platform point to more connected future

DETROIT and LAS VEGAS — Delta Air Lines Inc. on Wednesday launched free WiFi on 75% of its domestic mainline aircraft, an early step toward its overhaul of in-flight entertainment in favor of personalization and free services like Paramount+ streaming, New York Times puzzles and more.

Tribune News Service

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Delta Airlines CEO Slams Lawmakers For 'Unacceptable' Travel Failures

The fall out from the FAA's stop order continues, with a call to fully fund the agency.

The Street

Airline Stocks Are Flying High As Air Travel Demand Increases; Are They A Buy Or A Sell?

The airline industry expects demand to soar coming out of the pandemic. What does that mean for airline stocks?

Investors Business Daily

Airline Stocks Are Rallying In 2023, Even With Travel Chaos: What Happens Next?

The S&P 500 cash index was higher by 2.8% and some sectors were in the green by much more than that.

Zenger

Aviation leaders call for more funds for the FAA after this week's system failure

This week's NOTAM system failure, which caused thousands of flight delays and cancelations, has airline industry leaders calling for more stable funding to upgrade antiquated FAA systems.

WEKU

Delta Has Good News for Your Travel Plans

Staffing issues have hampered the entire airline industry since the pandemic, but Delta provided a timeline for when the issue would be resolved.

The Street

Delta continues path toward free Wi-Fi

ATLANTA — Delta Air Lines is moving further along its path of offering free Wi-Fi on flights, a years-long effort of testing and gradual technology upgrades.

Tribune News Service

Delta Stock Leaps As Carrier Sees 2023 Profit Boost From Travel Demand Surge

"Demand for air travel remains robust as we exit the year and Delta's momentum is building," said CEO Ed Bastian.

The Street

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Fortune

A strategy session in the skies: How Delta CEO Ed Bastian took the airline out of a tailspin into ‘the strongest buying in our history’

"Airlines have already been through the worst recession an industry can go through," says Bastain. During the pandemic he made several strategic shifts that have allowed Delta to roar out of the gates.

Tribune News Service

Delta preparing for 5 million passengers over Thanksgiving week

ATLANTA — Delta Air Lines is preparing to handle more than 5 million passengers over Thanksgiving week, one of the busiest travel periods of the year and what is expected to be the heaviest Thanksgiving traffic Delta has seen since the start of the pandemic.

The Guardian - UK

Richard Branson urges Heathrow not to limit Christmas flights

Strong dollar and end of Covid restrictions lead to huge boom in travel from US to UK, Virgin and Delta say

WEKU

Holiday flights will be pricey and packed. Here are 5 things to know before you book

Airlines and travel websites say that bookings for holiday travel are strong despite higher airfares, as pandemic-weary travelers seem willing to pay.

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Tribune News Service

High air fares help Delta climb above fuel, payroll costs

Delta Air Lines reported a $695 million profit for the third quarter of this year, with pricey air fares bringing in record revenue that covered higher costs for fuel and payroll and then some.

The Street

Delta Air Lines Stock Jumps On Record Q3 Revenues, Solid Year-End Travel Outlook

"The travel recovery continues as consumer spend shifts to experiences and demand improves in corporate and international," said CEO Ed Bastian.

The Independent UK

Delta travellers will soon be able to use electric aircrafts to get to and from the airport

The service will launch first in Los Angeles and New York

Tribune News Service

Delta CEO says airline industry sees 'big shift coming out of COVID'

As the markets and economists brace for economic downturn, Delta Air Lines Inc. CEO Ed Bastian says he's not concerned about a global recession given the demand the airline industry is seeing.

Tribune News Service

Airlines commit to pay for hotel, meals for some flight cancellations

Delta Air Lines and other carriers are committing to pay for hotel and food expenses for some passengers whose flights are canceled or delayed by three hours or more, as the federal government pushes airlines to improve how they treat customers during flight disruptions.

Tribune News Service

Unions: Airlines should forgo stock buybacks until operations improve

Unions are pushing Atlanta-based Delta Air Lines and other carriers to hold off on stock buybacks that would reward shareholders, saying carriers should first restore staffing to avoid operational meltdowns and complete labor contract talks.

Tribune News Service

Delta testing free Wi-Fi on some flights this summer

ATLANTA — Delta Air Lines is testing free Wi-Fi on some flights, part of a years-long effort to eventually launch free wireless internet service across many of its flights.

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