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Zacks News
Delta Air Lines is one of the four carriers that controls majority of the US aviation market (the carriers account for more than 60% of the domestic market share). This development followed a spate of mergers in the industry during the early part of this century. Delta, the second airline company to have joined the coveted S&P 500 Index, commands more than 17% share of the domestic market. Bulk of this Atlanta-GA based carrier’s revenues are recognized from its airline segment. Evidently, 99.8% of the $47-billion amount generated in 2019 came from this unit. Balance is represented by the refinery segment, which operates for the benefit of the airline division by providing it with jet fuel from its own production and agreements with third parties.
Delta Air Lines (DAL) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Delta Air Lines (DAL) closed at $31.79 in the latest trading session, marking a +0.09% move from the prior day.
Airline Stock Roundup: UAL's Expansion Update, GOL's August Traffic Report & More
by Maharathi Basu
Given the gradually improving air-travel demand scenario, United Airlines (UAL) and Spirit Airlines (SAVE) provide expansion-related updates.
Hawaiian Airlines Invalidates Change Fees on All Flights
by Zacks Equity Research
In a bid to attract passengers, Hawaiian Holdings (HA) unit Hawaiian Airlines nullifies change fees on its flights from Sep 3.
Key Reasons for Airline Stocks' Resilience Despite Challenges
by Maharathi Basu
The progress in air-travel demand bodes well for the airlines as we advance toward the Labor Day holiday weekend.
United Airlines (UAL) to Trim Workforce by 16,370 Post Sep 30
by Zacks Equity Research
United Airlines (UAL) announces massive headcount cut across various work groups. However, additional federal relief might save the jobs.
Airline Stock Roundup: Change Fee Updates, UAL & AAL's Job-Cut Alerts
by Maharathi Basu
With the existing stimulus package expiring on Sep 30, carriers like American Airlines (AAL) and United Airlines (UAL) issue job-cut warnings.
Delta Air Lines (DAL) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Delta Air Lines (DAL) closed the most recent trading day at $30.71, moving -0.45% from the previous trading session.
Delta Follows United Airlines in Eliminating Change Fees
by Zacks Equity Research
Delta (DAL) permanently eliminates change fees for domestic travel on all tickets except Basic Economy.
United Airlines (UAL) Scraps Change Fees for Domestic Travel
by Zacks Equity Research
United Airlines (UAL) eliminates change fees for domestic travel as it tries to offer customers more flexibility, so as to attract travelers in this depressed demand scenario, thanks to coronavirus.
More new Highs and the Best August in 36 Years
by David Borun
A change in Fed policy helps
United Airlines to Trim Pilot Jobs in Absence of More Stimulus
by Zacks Equity Research
United Airlines (UAL) is the latest airline to warn of potential lay-offs as travel-demand continues to be weak.
Is Second Stimulus On the Way to Rescue US Airlines?
by Eshani Haque
Discussions between the White House and Congress on whether airlines should be granted an extension of the payroll support have started again and are on positive track.
Delta Air Lines (DAL) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Delta Air Lines (DAL) closed at $29.95, marking a -0.5% move from the previous day.
Here's Why Delta (DAL) Stock Tanks 37.6% in the Past 6 Months
by Zacks Equity Research
Uninspiring passenger revenues are weighing on Delta's (DAL) prospects.
Federal Aid to End Soon: More Uncertainty for U.S. Airlines?
by Maharathi Basu
Many airlines warn of job cuts after Sep 30, 2020 as the problem of overstaffing confronts them amid revenue weakness.
American Airlines to Cut 19,000 Jobs on Federal Aid's Expiry
by Zacks Equity Research
American Airlines (AAL) plans to furlough approximately 19,000 employees in October unless the payroll-support program is extended.
Airline Stock Roundup: LUV's Upbeat Update on August Demand, DAL, UAL in Focus
by Maharathi Basu
Southwest Airlines' (LUV) update on improving air-travel demand is encouraging. However, American Airlines (AAL) decides to reduce some flights as demand is still way below the year-ago levels.
Travel & Leisure ETFs Set to Gain on COVID-19 Vaccine News
by Sweta Killa
The vaccine news has infused optimism into the sectors, including cruise lines, airlines, hotel and casino operators, and travel and entertainment-booking companies.
Delta Plans to Cut More Than 1,900 Pilot Jobs in October
by Zacks Equity Research
With air-travel demand significantly suppressed, Delta (DAL) sees substantial overstaffing. Pilots hired on or after Jul 17, 2017 will receive potential furlough notices this week itself.
Ryanair Staff Agrees to Pay Cut Decision to Limit Job Losses
by Zacks Equity Research
Ryanair (RYAAY) decides to slash headcount by less than 3,000 following a consensus reached with its pilots and the cabin crew.
Delta Plans to Reinstate More Than 50 International Services
by Zacks Equity Research
Among other services, Delta (DAL) expects to reinstate flights between Atlanta and Lagos, Boston and London-Heathrow as well as that connecting New York-JFK with Accra, Barcelona, Madrid and Rome.
Should You Invest in the U.S. Global Jets ETF (JETS)?
by Zacks Equity Research
Sector ETF report for JETS
Delta Air Lines (DAL) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Delta Air Lines (DAL) closed the most recent trading day at $27.62, moving -0.18% from the previous trading session.
4 Transportation Stocks to Buy Amid Green Shoots of Recovery
by Maharathi Basu
Factors like strong e-commerce demand, low costs and an improvement in shipment volumes bode well for the transportation stocks.
Zacks Industry Outlook Highlights: American Airlines, Southwest Airlines, Delta Air Lines, United Airlines and Alaska Air
by Zacks Equity Research
Zacks Industry Outlook Highlights: American Airlines, Southwest Airlines, Delta Air Lines, United Airlines and Alaska Air