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Delta Air Lines Inc   (DAL)
Other Ticker:  
 
    Sector  Transportation    Industry Airline
   Industry Airline
   Sector  Transportation
 
Price: $47.5790 $-0.27 -0.566%
Day's High: $48.53 Week Perf: 1.99 %
Day's Low: $ 47.71 30 Day Perf: 9.53 %
Volume (M): 547 52 Wk High: $ 49.81
Volume (M$): $ 26,523 52 Wk Avg: $40.14
Open: $48.00 52 Wk Low: $30.60



 Market Capitalization (Millions $) 29,340
 Shares Outstanding (Millions) 617
 Employees 83,000
 Revenues (TTM) (Millions $) 59,037
 Net Income (TTM) (Millions $) 5,009
 Cash Flow (TTM) (Millions $) 950
 Capital Exp. (TTM) (Millions $) 5,516

Delta Air Lines Inc
We are a major air carrier that provides scheduled air transportation for passengers and cargo throughout the United States and around the world. We (including our wholly-owned subsidiaries, Atlantic Southeast Airlines, Inc. ('ASA') and Comair, Inc. ('Comair')) served 206 domestic cities in 47 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, as well as 48 cities in 32 countries. With our domestic and international codeshare partners, our route network covers 264 domestic cities in 47 states, and 230 cities in 84 countries. We are managed as a single business unit.

An important characteristic of our route network is our hub airports in Atlanta, Cincinnati, Dallas/Fort Worth and Salt Lake City. Each of these hub operations includes Delta flights that gather and distribute traffic from markets in the geographic region surrounding the hub to other major cities and to other Delta hubs. Our hub and spoke system also provides passengers with access to our principal international gateways in Atlanta and New York ' John F. Kennedy International Airport ('JFK'). As briefly discussed below, other key characteristics of our route network include our alliances with foreign airlines; the Delta Connection Program; the Delta Shuttle; Song', our low-fare service; and our marketing alliance with Continental Airlines, Inc. ('Continental') and Northwest Airlines, Inc. ('Northwest').

International Alliances. We have formed bilateral and multilateral marketing alliances with foreign airlines to improve our access to international markets. These arrangements can include codesharing, frequent flyer benefits, shared or reciprocal access to passenger lounges, joint promotions and other marketing agreements.

Our international codesharing agreements enable us to market and sell seats to an expanded number of international destinations. Under codesharing arrangements, we and the foreign carriers publish our respective airline designator codes on a single flight operation, thereby allowing us and the foreign carrier to offer joint service with one aircraft rather than operating separate services with two aircraft. These arrangements typically allow us to sell seats on the foreign carrier's aircraft that are marketed under our 'DL' designator code and permit the foreign airline to sell seats on our aircraft that are marketed under the foreign carrier's two-letter designator code. As of March'1, 2004, we have codeshare arrangements in effect with Aerolitoral, Aeromexico, Air France (and certain of Air France's affiliated carriers operating flights beyond Paris), Air Jamaica, Alitalia, Avianca, British European, China Airlines, China Southern, CSA Czech Airlines, El Al Israel Airlines, Korean Air, Royal Air Maroc and South African Airways.

Delta, Aeromexico, Air France, Alitalia, CSA Czech Airlines and Korean Air are members of the SkyTeam international airline alliance. SkyTeam links the route networks of the member airlines, providing opportunities for increased connecting traffic while offering enhanced customer service through mutual codesharing arrangements, reciprocal frequent flyer and lounge programs and coordinated cargo operations. In 2002, we, our European SkyTeam partners and Korean Air received limited antitrust immunity from the U.S. Department of Transportation ('DOT'). The grant of antitrust immunity enables us and our immunized partners to offer a more integrated route network, and develop common sales, marketing and discount programs for customers.

Delta Connection Program. The Delta Connection program is our regional carrier service, which feeds traffic to our route system through contracts with regional air carriers that operate flights serving passengers primarily in small and medium-sized cities. The program enables us to increase the number of flights in certain locations, to better match capacity with demand and to preserve our presence in smaller markets. Our Delta Connection network operates the largest number of regional jets in the United States.

We have contractual arrangements with six regional carriers to operate regional jet and turboprop aircraft using our 'DL' code. ASA and Comair are our wholly-owned subsidiaries, which operate all of their flights under our code. We also have agreements with Atlantic Coast Airlines ('ACA'), SkyWest Airlines, Inc. ('SkyWest'), Chautauqua Airlines, Inc. ('Chautauqua') and American Eagle Airlines, Inc. ('Eagle'), which operate some of their flights using our code.

Our contract with Eagle, which is limited to certain flights operated to and from the Los Angeles International Airport, as well as a portion of our SkyWest agreement, are structured as revenue proration agreements. These prorate arrangements establish a fixed dollar or percentage division of revenues for tickets sold to passengers traveling on connecting flight itineraries.

Delta Shuttle. The Delta Shuttle is our high frequency service targeted to Northeast business travelers. It provides nonstop, hourly service between New York - LaGuardia Airport

('LaGuardia') (Marine Air Terminal) and both Boston ' Logan International Airport ('Logan') and Washington, D.C. ' Ronald Reagan National Airport ('National').

Song. On April'15, 2003, we introduced a new low-fare operation, Song, that primarily offers flights between cities in the Northeastern United States, Los Angeles, Las Vegas and Florida leisure destinations. As of March'1, 2004, Song offered 144 daily flights using a fleet of 36 Boeing 757 aircraft. Song is intended to assist us in competing more effectively with low-cost carriers in leisure markets through a combination of larger aircraft, high frequency flights, advanced in-flight entertainment technology and innovative product offerings.

Delta-Continental-Northwest Marketing Alliance. We have entered into a marketing alliance with Continental and Northwest which includes mutual codesharing and reciprocal frequent flyer and airport lounge access arrangements. Our marketing relationship with Continental and Northwest is designed to permit the carriers to retain their separate identities and route networks while increasing the number of domestic and international connecting passengers using the three carriers' route networks.

Competition

We face significant competition with respect to routes, services and fares. Our domestic routes are subject to competition from both new and existing carriers, some of which have substantially lower costs than we do and provide service at lower fares to destinations served by us. We also compete with all-cargo carriers, charter airlines, regional jet operators and, particularly on our shorter routes, surface transportation.

The continuing growth of low-cost carriers, including Southwest Airlines Co. ('Southwest'), AirTran Airways, Inc. ('AirTran') and JetBlue Airways Corporation ('JetBlue'), in the United States places significant competitive pressures on us and other network carriers.

Our ability to compete effectively with low-cost carriers and other airlines depends, in part, on our ability to achieve operating costs per available seat mile ('unit costs') that are competitive with those carriers. Our unit costs are significantly higher than those of Southwest, AirTran and JetBlue and have gone from being among the lowest of the hub-and-spoke carriers to among the highest for the full year 2003. If we are not able to realign our cost structure to compete with that of other carriers, or if fare reductions are not offset by higher yields, our business, financial condition and operating results may be materially adversely affected.

International marketing alliances formed by domestic and foreign carriers, including the Star Alliance (among United Airlines, Inc. ('United'), Lufthansa German Airlines and others) and the oneworld alliance (among AMR Corporation ('American'), British Airways and others), have significantly increased competition in international markets. Through marketing and codesharing arrangements with U.S. carriers, foreign carriers have obtained access to interior U.S. passenger traffic. Similarly, U.S. carriers have increased their ability to sell international transportation such as transatlantic services to and beyond European cities through alliances with international carriers.



   Company Address: Post Office Box 20706 Atlanta 30320 GA
   Company Phone Number: 715-2600   Stock Exchange / Ticker: NYSE DAL
   


Customers Net Income grew by DAL's Customers Net Profit Margin grew to

9.92 %

10.61 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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Delta Air Lines Inc

Delta Air Lines Inc Soars to Profitability in First Quarter of 2024, Surpassing Expectations

The stock market has been closely watching Delta Air Lines Inc's recent financial performance, with the company reporting a 7.751% year-on-year increase in revenue to $13.75 billion in the January to March 31, 2024 financial time-frame. This strong revenue growth supported Delta Air Lines Inc in reaching profitability again, displaying earnings per share of $0.06. This is a significant turnaround from the previous quarter, where revenue decreased by -3.34% and earnings per share dropped by -98.09%.
Delta Air Lines Inc reported earnings of $37.000 million in the January to March 31, 2024 financial time-frame, showing an improvement from a net loss of $-363.000 million in the corresponding quarter a year ago. The company also highlighted its improving profit margins, with net margin rising to 0.27% and operating margin edging up to 4.47%.

Delta Air Lines Inc

Delta Air Lines Inc.

Delta Air Lines Inc. has reported strong financial results for the fourth quarter of 2023, with a significant increase in earnings per share (EPS) and revenue growth compared to the same period last year. In Q4, EPS grew by 144.53% to $3.15, while revenue increased by 5.865% to $14.22 billion.
These numbers are particularly impressive when compared to other companies in the airline sector, which only achieved a 4.92% increase in revenue during the same period. Delta Air Lines Inc. outperformed its peers, showing its ability to navigate challenging market conditions successfully.

Dividend

Delta Air Lines Inc Announces Quarterly Dividend, Demonstrating Strong Financial Performance and Growth Potential

Published Thu, Feb 8 2024 9:30 PM UTC

Delta Air Lines Declares Quarterly Dividend: Setting the Stage for Future Growth
ATLANTA, Feb. 8, 2024 - Delta Air Lines (NYSE:DAL) has announced a quarterly dividend of $0.10 per share, payable to shareholders of record as of Feb. 26, 2024, with payment scheduled for March 18, 2024.
As of the writing of this article, Delta Air Lines Inc's 12-month dividend payout ra...

Delta Air Lines Inc

Delta Air Lines Inc soars to new heights with compelling revenue during Q3 2023 earnings season



In the financial results for the reporting period ending September 30, 2023, Delta Air Lines Inc has showcased significant improvements in profitability and revenue. The company reported a notable increase in net earnings, accompanied by a rise in profit margins. Additionally, the recent performance of Delta Air Lines Inc shares reflects a slight decrease in the short term, but a positive year-to-date growth.
Profitability and Revenue:
Delta Air Lines Inc's profitability experienced a significant boost during the most recent fiscal period. Profit per share surged by an impressive 59.26% to $1.72, compared to the prior year period where it was reported at $2.84 per share. This surge demonstrates the company's successful efforts in maximizing operational efficiency and cost management.

Delta Air Lines Inc

DAL Skyrockets with a Stunning 146.96% Profit Leap in the Grand Finale of June 2023 Financial Period

Delta Air Lines Inc has reported impressive financial results for the period ending June 30, 2023. Earnings per share more than doubled, increasing by a staggering 146.96% to $2.84 per share, while revenue also showed a significant growth of 12.688% to $15.58 billion compared to the previous year.
This positive turnaround is evident when comparing it to the previous reporting season. Earnings per share have gone from a negative value of $-0.57 per share to a positive $2.84 per share. Furthermore, revenue has improved by 22.094% from $12.76 billion, indicating strong performance and contributions from revenue drivers.






 

Delta Air Lines Inc's Segments
 
Mainline Passenger
 Segment     of total Revenue
Regional Affiliates Passenger
 Segment     of total Revenue
Total Passenger
 Segment     of total Revenue
Cargo
 Segment     of total Revenue
Other
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Delta Air Lines Inc does not provide revenue guidance.

Earnings Outlook
Delta Air Lines Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion
North America
Atlantic
Pacific
Latin America

Delta Air Lines Inc's Operating Statistics Decrease / Increase
       
Revenue Passenger Miles (millions)    Revenue Passenger Miles (millions) Growth   
Available Seat Miles (millions)    Available Seat Miles (millions) Growth   
Passenger Mile Rev. Yield (cents)   Passenger Mile Rev. Yield (cents) Decline   
Operating Rev. Per Available Seat Mile (cents)     
Passenger Rev. Per Available Seat Mile (cents)   Passenger Rev. Per Available Seat Mile (cents) Decline   
Operating Cost Per Available Seat Mile (cents)   Operating Cost Per Available Seat Mile (cents) Decline   
Passenger Load Factor (%)    Passenger Load Factor (%) Growth   
Breakeven Passenger Load Factor (%)     
Passengers Enplaned (thousands)     
Average Price Per Fuel Gallon ($)   Average Price Per Fuel Gallon ($) Decline   
Fuel Gallons Consumed (millions)    Fuel Gallons Consumed (millions) Growth   
Number of Aircraft in Fleet End of Period    Number of Aircraft in Fleet End of Period Growth   




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