Welcome to our dedicated page for Delta Air Lines Del news (Ticker: DAL), a resource for investors and traders seeking the latest updates and insights on Delta Air Lines Del stock.
Delta Air Lines, Inc. (NYSE: DAL) is a major American airline headquartered in Atlanta, Georgia. Serving over 160 million customers annually, Delta boasts a global network that spans 328 destinations in 64 countries across six continents. The airline's robust hub-and-spoke system includes major hubs in Amsterdam, Atlanta, Boston, Detroit, London, Los Angeles, Minneapolis, New York, Paris, Salt Lake City, Seattle, Seoul, and Tokyo. Delta employs nearly 80,000 people worldwide and operates a mainline fleet of over 700 aircraft.
Delta has earned a reputation for operational excellence and customer service. It has been recognized by Fortune Magazine as the most admired airline worldwide and has received accolades from Cirium, the Wall Street Journal, and Fast Company. The airline is also committed to innovation and sustainability, investing over $3 billion in airport facilities, products, services, and technology to enhance the customer experience both in the air and on the ground.
Financially, Delta has demonstrated resilience and growth, reporting record revenue and a strong operational margin in the recent quarters. Delta’s strategic partnerships with Aeroméxico, Air France-KLM, China Eastern, Korean Air, LATAM, Virgin Atlantic, and WestJet allow it to offer customers more than 15,000 daily flights. The airline is also investing in fleet modernization, recently announcing the purchase of twenty Airbus A350-1000 aircraft to enhance fuel efficiency and passenger comfort.
Delta's commitment to its employees is evident, with significant profit-sharing payouts and a focus on maintaining a positive work culture. Environmental, Social, and Governance (ESG) initiatives are also a priority, with efforts to reduce carbon emissions and enhance sustainable practices.
In the latest news, Delta reported strong financial performance for the September and December quarters of 2023, with expectations for continued growth in 2024. The company plans to repay significant debt and has received positive outlook updates from credit rating agencies, marking progress towards an investment-grade rating.
Delta Air Lines (NYSE:DAL) has announced its upcoming presentation at the J.P. Morgan Industrials Conference. The presentation is scheduled for Tuesday, March 11th, 2025, at 7:30 a.m. ET.
Investors and interested parties will be able to access a live webcast of the event through Delta's investor relations website at ir.delta.com. For those unable to attend or watch the live presentation, an online replay will be made available shortly after the webcast concludes.
This presentation at a major financial conference may provide insights into Delta's business strategy, financial outlook, and industry trends for investors and analysts following the airline sector.
Delta Air Lines (NYSE:DAL) has announced a quarterly dividend declaration of $0.15 per share. The dividend will be distributed to shareholders who are on record as of the close of business on February 27, 2025. The payment is scheduled for March 20, 2025.
Delta Air Lines (NYSE:DAL) has appointed Judith McKenna to its board of directors, effective February 7, 2025. McKenna, who recently retired as President and CEO of Walmart International in January 2024, brings extensive global management experience to Delta's board.
McKenna's 27-year tenure at Walmart included significant leadership roles, culminating in her position as President and CEO of Walmart International in 2018. She previously served as COO of Walmart U.S. and held key positions at Asda, Walmart's UK supermarket chain. Her board experience includes chairing Walmex and serving on the boards of Flipkart and PhonePe. She currently serves as a non-executive director at Unilever PLC.
Delta Air Lines (DAL) reported record financial results for Q4 and full year 2024, with operating revenue reaching $15.6 billion in Q4 and $61.6 billion for the full year. The company achieved $5 billion in pre-tax income and $8 billion in operating cash flow for 2024.
Key highlights include record December quarter revenue and operating profit, with operating margin at 11.0% and earnings per share of $1.29. The company generated $3.4 billion in free cash flow for the year and reduced its adjusted net debt to $18.0 billion.
Looking ahead to 2025, Delta projects earnings greater than $7.35 per share and free cash flow exceeding $4 billion. For Q1 2025, the company expects revenue growth of 7-9% with earnings between $0.70-$1.00 per share. The company plans to distribute $1.4 billion in profit sharing payments to employees in February 2025.
Delta Air Lines (NYSE:DAL) has announced it will host a live conference call and webcast to discuss its December quarter and full year 2024 financial results. The event is scheduled for Friday, January 10, 2025, at 10 a.m. ET. Investors and interested parties can access the live webcast through Delta's investor relations website at ir.delta.com. An online replay will be made available shortly after the webcast concludes.
Delta Air Lines (NYSE:DAL) has appointed Christophe Beck to its board of directors. Beck, currently serving as Chairman and CEO of Ecolab, brings 30 years of global management experience across Europe, Asia, and North America. He has held leadership positions at Ecolab since 2007, becoming CEO in 2021 and Chairman in 2022. Prior to Ecolab, Beck worked at Nestle from 1991 to 2006.
Delta's non-executive Chair David Taylor highlighted Beck's extensive leadership experience in complex global businesses and his technological background as valuable additions to Delta's board. Beck holds a master's degree in mechanical engineering and aerodynamics from the Swiss Federal Institute of Technology.
Delta Air Lines (NYSE: DAL) presented its strategic priorities and long-term financial commitments at its 2024 Investor Day. The company outlined its three-to-five-year financial framework, targeting mid-teens operating margin, 10% average annual EPS growth, and $3-5B annual free cash flow. Delta emphasized its brand strength, customer experience enhancement, and financial discipline. For 2025, Delta projects 3-4% capacity growth, mid-single-digit revenue growth, and low-single-digit non-fuel unit cost growth year-over-year.
Delta Air Lines (NYSE:DAL) has announced it will host its 2024 Investor Day via webcast on Wednesday, November 20, 2024, at 8:30 a.m. ET. The event will be accessible through the company's investor relations website at ir.delta.com, with a replay available shortly after the webcast concludes.
Delta Air Lines CEO Ed Bastian will deliver a keynote speech at CES 2025, marking the company's centennial and showcasing its vision for the future of travel through technology and human connection. The presentation will take place at Sphere, a cutting-edge entertainment venue in Las Vegas, making it the first CES keynote held at this location.
The keynote will utilize Sphere's advanced technologies, including the world's largest LED screen and most advanced audio system. Delta will increase flight service to Las Vegas for the event and offer expedited CES badge pickup for SkyMiles Members at Harry Reid International Airport from January 5-7.
This will be Delta's third CES appearance, following previous keynotes in 2020 and 2023. The event is scheduled for January 7 at 5 p.m. PT and is open to credentialed CES attendees with a separate ticket required.
Delta Air Lines (NYSE:DAL) has announced that it will hold a live conference call and webcast to discuss its September quarter 2024 financial results on Thursday, October 10, 2024, at 10 a.m. EDT. Investors and interested parties can access the live webcast of this event at ir.delta.com. An online replay of the webcast will be made available shortly after the event concludes. This announcement provides an opportunity for stakeholders to gain insights into Delta's financial performance for the third quarter of 2024.
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