Delta Air Lines Inc Del Stock Price, News & Analysis

Wheels Up Experience Inc. has officially closed its merger with Aspirational Consumer Lifestyle Corp., making it the first private aviation company listed on the NYSE under the ticker 'UP'. The transaction was approved on July 12, 2021, and closed the following day. Wheels Up reported a remarkable 68% year-over-year revenue growth in Q1 2021, totaling $261.7 million, alongside a 56% increase in active members. The company plans to expand its private aviation marketplace and invest in technology to enhance its services.

Delta Air Lines (NYSE:DAL) will host a live conference call on July 14, 2021, at 10:00 a.m. ET to discuss its financial results for the June quarter of 2021. The event will be accessible via a webcast, with a replay available shortly after. Delta emphasizes its commitment to safety and innovation, particularly in response to the COVID-19 pandemic, maintaining high standards in customer service and operational excellence.

Delta Air Lines (NYSE:DAL) will present at the Bernstein Strategic Decisions Conference on June 3, 2021, at 8:00 a.m. ET. The event will provide insights into the airline's strategic direction and market position.

A live webcast of the presentation will be available at ir.delta.com, with an online replay accessible shortly after the event.

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Delta Air Lines (NYSE:DAL) will present at the Wolfe Transportation and Industrials Conference on May 25, 2021, at 8:35 a.m. ET. A live webcast of the event will be accessible at ir.delta.com, with a replay available after the conclusion of the presentation. This conference serves as a key opportunity for Delta to share insights and developments within the transportation sector, highlighting their service network reaching nearly 370 destinations across six continents.

Delta Air Lines and Sabre have signed a global distribution agreement aimed at transforming their partnership and enhancing value for the travel ecosystem. This multi-year agreement introduces a new model that focuses on modern retailing, providing improved access to Delta's offerings for Sabre-connected travel buyers. Delta's omni-channel strategy emphasizes customer-centric services, while Sabre's New Airline Storefront will streamline travelers' shopping experiences. Both companies anticipate substantial improvements in booking processes and traveler satisfaction.

Delta Air Lines (DAL) reported a March quarter 2021 adjusted pre-tax loss of $2.9 billion amid a 65% decline in adjusted operating revenue to $3.6 billion compared to March 2019. Despite these figures, the airline achieved positive cash generation of $4 million per day in March, aided by improved leisure travel demand. For the June quarter, Delta anticipates a 50%-55% revenue decline relative to June 2019 but predicts a narrowing of adjusted pre-tax losses to between $1 billion and $1.5 billion. Ending March with $16.6 billion in liquidity, Delta is on a path toward recovery.

Delta Air Lines (NYSE: DAL) will hold a live conference call and webcast to discuss its financial results for the March quarter of 2021 on April 15, 2021, at 10:00 a.m. ET. The event will be available for replay shortly after its conclusion on the investor relations website. Delta focuses on safety, innovation, and customer service, having established itself as a leader in the airline industry. Amid the COVID-19 pandemic, Delta has implemented enhanced health measures to ensure a safe travel experience. For further details, visit ir.delta.com.

Delta Air Lines (NYSE:DAL) will present at the J.P. Morgan Industrials Conference on March 15, 2021, at 8:00 a.m. ET. A live webcast of the presentation will be available for viewing through their investor relations website at ir.delta.com. Following the event, an online replay will also be accessible on the same site. Delta Air Lines serves nearly 370 destinations worldwide, highlighting its extensive reach.

IBM and Delta Air Lines have entered a multi-year partnership to migrate Delta's operations to the public cloud, enhancing agility and innovation. This collaboration aims to modernize Delta's applications using a hybrid cloud architecture based on Red Hat OpenShift. IBM's expert team will work on improving software engineering productivity and transforming Delta's technology platform. The partnership builds on past collaborations, including efforts to explore quantum computing, aiming for enhanced customer experience and operational efficiency.