News for Delta Air Lines
Mar 22 · 9:36:00 AM · Source: Chicago Breaking Business News
Delta Air Lines (NYSE:DAL) will expand its service out of O'Hare International Airport starting June 10, offering 11 daily flights to New York's LaGuardia Airport, according to Chicago Breaking Business News. The service on Delta's business shuttle will replace existing, less-frequent flights between LaGuardia and Chicago's Midway Airport. Delta is stepping up the competition on a key business route, as United and other airlines pare capacity to New York.
Flights on this route will be operated with Embraer 175 regional jets, equipped with 12 first-class seats and 64 in economy class. Both cabins are configured with no middle seats. As reported in MarketBeast previously, Delta, along with many of its rival legacy carriers continue to look at ways to become profitable. Here we see Delta looking to its regional partners to reduce operational and overhead costs. One of the important things to look for is how closely Delta will monitor and manage its regional partners, safety being its biggest concern.
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by Steve Wieczorek
Mar 17 · 12:43:00 PM · Source: Fox Business
All the legacy carriers reduced their work forces in January except for Delta Air Lines Inc. (NYSE:DAL), which for the first month reported combined numbers with Northwest Airlines, which Delta bought in 2008, according to Fox Business. AMR Corp.'s (NYSE:AMR) American Airlines and Continental Airlines Inc. (NYSE:CAL) tied for the biggest network-carrier decline, at a 4.7% drop in employment. Even including Delta's 67% increase in work rolls, legacy carriers' overall employment was down 2.3%.
Discount carriers increased their work force 1.4% in January from a year earlier. Market leader Southwest Airlines Co. (NYSE:LUV) had 2.1% fewer employees, but it was the only low-cost carrier to shrink its pool of workers. Smaller rivals Frontier Airlines Holdings Inc. (FRNTQ) and Virgin America, partly owned by the U.K.'s Virgin Group, posted 16% and 14% increases.
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by Steve Wieczorek
Mar 9 · 10:23:00 AM · Source: Statesman.com
Delta Air Lines Inc. (NYSE:DAL) and JetBlue Airways Corp. (NASDAQ:JBLU) want exemptions from a new government rule that will limit the time passengers can be held on the tarmac, according to Statesman.com. The airlines say closure of the main runway at New York's JFK airport could mean expensive delays.
The Department of Transportation's new rule, which goes into effect April 29, orders airlines to let passengers off planes delayed for three hours or face hefty fines. The JFK runway closed March 1 and is already causing delays, and airlines don't want to be fined if they stretch past three hours.
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by Steve Wieczorek
Feb 26 · 3:03:00 PM · Source: Company Press Release
Delta Air Lines (NYSE: DAL) today received notification from the National Mediation Board (NMB) that a majority of eligible flight simulator technicians rejected union representation by the International Association of Machinists (IAM). Ninety-one flight simulator technicians were eligible to vote in this election. Of those, only 40 voted in favor of IAM representation.
"Our flight simulator technicians have made a decisive choice not to have IAM representation,” said Mike Campbell, Delta's executive vice president of Human Resources and Labor Relations. “We take our responsibility to do right by our people very seriously and we’ll continue to do everything we can to make Delta a great place to work."
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by Steve Wieczorek
Feb 15 · 7:12:00 PM · Source: Minneapolis St. Paul Business Journal
Delta Air Lines CEO Richard Anderson blasted the U.S Department of Transportation Friday for picking winners and losers in its oversight of airlines, and called for further deregulation of the industry.
The top officer of the world’s largest airline criticized the DOT’s decision earlier this week to approve a takeoff and landing slot swap between the Atlanta-based carrier and US Airways Inc. with conditions that call for the airlines to sell some flying rights to competitors to maintain competition. Delta is the Twin Cities' largest carrier and has significant business operations in Eagan.
“Our industry needs to be deregulated and it’s clear the [Department of Justice] had no case to stop this transaction,” Anderson said of the government’s evaluation of the deal on grounds it could be anti-competitive. Instead, he said the Department of Transportation stepped in and “put its thumb on the scale of competition.”
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by Michael Oliveto
Oct 22 · 10:46:00 AM · Source: Company Press Release
Delta Air Lines Inc., the world’s largest airline, posted a third-quarter net loss of $161 million as passenger revenue fell. Total operating revenue declined 21% versus prior year due to the global economic recession.
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by Larry Etter
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