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) generates a steady flow of news as a major player in scheduled passenger air transportation and air cargo. Company updates highlight its global network of more than 300 destinations on six continents and up to 5,000 daily flights operated by Delta and Delta Connection. News coverage often reflects Delta’s focus on operational performance, customer experience, financial results and strategic partnerships.
Investors and travelers following DAL news will see regular earnings announcements, including quarterly and full-year financial results released via press releases and Form 8‑K filings. These updates discuss operating revenue, margins, cash flow, debt levels and guidance, as well as commentary on demand trends, capacity, non‑fuel unit costs and diversified revenue streams such as premium products, cargo, maintenance, repair and overhaul (MRO) and loyalty.
Delta’s news flow also includes fleet and network developments. Recent announcements describe aircraft deliveries and retirements, an order for Boeing 787‑10 aircraft powered by GE Aerospace GEnx engines, and new routes across domestic and international markets. The company highlights international evolution supported by its domestic network and joint venture partnerships, along with route additions in regions such as the Transatlantic and Transpacific.
Operational and customer-experience stories feature prominently. Delta reports awards for on-time performance, recognition from business travel and consumer publications, and enhancements such as fast, free Wi‑Fi for SkyMiles members, expanded airport lounges and digital tools like AI-powered assistance in the Fly Delta app. News from Delta Cargo and partners such as Trackonomy showcases technology-driven initiatives like the Pulse platform, which provides real-time cargo visibility and proactive alerts.
Corporate governance, dividends and events also appear in DAL news. The company announces quarterly dividend declarations, participation in investor conferences, webcasts of earnings calls and leadership changes documented in SEC filings. For readers, the DAL news page provides a centralized view of how Delta communicates its financial performance, operational milestones and strategic priorities over time.
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.
Delta Air Lines (NYSE:DAL) reported a challenging December quarter and a tough full year in 2020, with an adjusted pre-tax loss of $2.1 billion and adjusted operating revenue down 69% to $3.5 billion. Despite a significant cash burn reduction to $12 million per day, liquidity was $16.7 billion at year-end. For 2021, Delta anticipates scheduled capacity down ~35% and total revenue projected to decline 60-65% in Q1. However, the company remains optimistic about recovery, noting an expected increase in liquidity to $18-19 billion.
Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast on Jan. 14, 2021, at 10:00 a.m. ET to discuss its financial results for the December quarter and the full year 2020. The event will be accessible via ir.delta.com, where an online replay will also be available shortly after the call. Delta continues its commitment to safety and excellence in customer service, emphasizing health protocols in light of the COVID-19 pandemic.
Delta Air Lines (NYSE:DAL) reported a significant adjusted pre-tax loss of $2.6 billion for the September quarter of 2020, marking a 79% decline in total adjusted revenue to $2.6 billion due to COVID-19 impacts. Daily cash burn averaged $24 million, improving to $18 million in September. Despite challenging conditions, Delta ended the quarter with $21.6 billion in liquidity and successfully raised $9 billion through the largest debt offering in aviation history. The company continues efforts to position itself for recovery, focusing on cost management, fleet restructuring, and customer experience enhancements.
Delta Air Lines (NYSE: DAL) is set to hold a live conference call and webcast on October 13, 2020, at 10:00 a.m. ET to discuss its financial results for the September quarter 2020. The event will be accessible via ir.delta.com, with an online replay available shortly after. Delta emphasizes its commitment to safety and customer satisfaction, particularly in light of the COVID-19 pandemic, implementing measures to ensure a safe travel experience.
Delta Air Lines has announced an upsize and pricing for a private offering, totaling $9.0 billion in gross proceeds. This includes $2.5 billion in 4.5% senior secured notes due 2025 and $3.5 billion in 4.75% senior secured notes due 2028. The issuance is set for Sept. 23, 2020, alongside a $3.0 billion new credit facility. The offering enhances Delta's financial position amid the ongoing challenges from the COVID-19 pandemic.
Delta Air Lines (NYSE:DAL) has announced a proposed private offering of senior secured notes and a senior secured term loan facility, collectively valued at $6.5 billion. These will be co-issued with SkyMiles IP Ltd., a subsidiary of Delta, and are secured by Delta’s SkyMiles program. The net proceeds are intended for general corporate purposes and to strengthen Delta's liquidity. The offering is aimed at qualified institutional buyers and adheres to regulatory exemptions. However, the final terms depend on market conditions.
Delta Air Lines (NYSE:DAL) will present at the Morgan Stanley Virtual 8th Annual Laguna Conference on September 17, 2020, at 4:30 p.m. ET. A live webcast of the event will be accessible on ir.delta.com. Delta, a leader in airline safety and innovation, emphasizes health and safety measures during the COVID-19 pandemic, ensuring a secure travel experience. Known for its operational excellence and customer service, Delta aims to connect cultures globally and acts as a force for social good.
Delta Air Lines (NYSE: DAL) will present at the Cowen Global Transportation and Sustainable Mobility Conference on September 9, 2020, at 8 a.m. ET. A live webcast will be available at ir.delta.com, with a replay shortly after. Delta is recognized for its leadership in safety, innovation, and customer service, especially during the COVID-19 pandemic, prioritizing health and safety measures for passengers and employees. The airline continues to connect people and cultures while promoting a positive social impact.
Delta Air Lines reported a staggering $3.9 billion adjusted pre-tax loss for Q2 2020, a significant decline due to the COVID-19 pandemic, which resulted in a 91% drop in adjusted revenue to $1.2 billion. The airline reduced its daily cash burn by over 70% to $27 million in June, achieving a total liquidity of $15.7 billion. Despite operational challenges, Delta aims to achieve breakeven cash burn by year-end 2020. The company is also restructuring its fleet, accelerating retirements of specific aircraft models to adapt to reduced demand.
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