Delta Air Lines, Inc. (DAL) News
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DAL News Highlights
- For DAL, its 30 day story count is now at 55.
- Over the past 22 days, the trend for DAL's stories per day has been choppy and unclear. It has oscillated between 1 and 11.
- The most mentioned tickers in articles about DAL are PAY, ED and AAL.
Latest DAL News From Around the Web
Below are the latest news stories about Delta Air Lines Inc that investors may wish to consider to help them evaluate DAL as an investment opportunity.
Delta Air Lines and other airline stocks have rebounded with travel as the coronavirus pandemic starts to wane, but the rebound is likely to be uneven.
Southwest Airlines introduced new incentives to entice its staff to get vaccinated against Covid-19.
United Airlines (UAL) expects third-quarter 2021 revenues to decline approximately 33% from the third-quarter 2019 reading. Delta (DAL) expects Q3 fuel price per gallon in the $1.96-$2 band.
Solid cash position and rising cargo revenues bode well for Delta Air Lines (DAL). However, rising cases of the Delta variant in the United States is a concern.
Delta Air Lines (DAL) closed the most recent trading day at $39.44, moving -1.84% from the previous trading session.
Indications are that mandates are causing more vaccinations, not resignations.
Last week, U.S. airline giants Delta Air Lines (NYSE: DAL), American Airlines (NASDAQ: AAL), and United Airlines (NASDAQ: UAL) all slashed their Q3 forecasts. Two months ago, Delta Air Lines projected that third-quarter revenue would decline 30% to 35% compared with 2019 on 28% to 30% less capacity. Delta did anticipate that adjusted nonfuel unit costs would jump 11% to 14% relative to Q3 2019, largely because of the impact of lower capacity and costs of rebuilding the airline.
Airline stocks soared last week, but still need to break resistance before bulls have a green light.
All-cargo airline Amerijet International abruptly ousted CEO Tim Strauss on Monday after only one year on the job and announced that former CEO and current Executive Chairman Vic Karjian will replace him on an interim basis, effective Saturday, while it conducts a search for a new CEO. The Miami-based airline, which is owned by New York-based private equity firm ZS Fund, didn't give a reason for the surprise change, but an industry source with close ties to the company said it was the result of
Hawaiian Holdings (HA) currently expects the September-quarter fuel cost per gallon to be $2.06.