Delta Air Lines implements corporate job cuts to mitigate rising expenses

As the aviation industry grapples with increased costs, including those related to fuel and labour, Delta Air Lines is taking steps to reduce its expenses. The company is implementing a series of measures, including corporate job cuts, to align with its financial goals. In a statement provided to CNBC, Delta explained, “While we’re not yet […]

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S&P Global Ratings upgrades Delta’s credit rating

Financial

S&P Global Ratings (S&P) has upgraded Delta’s credit rating, citing the company’s financial performance and continued strong demand for air travel. The firm, which evaluates and assigns ratings to companies based on how they measure financial results, upgraded Delta to a “BB+” rating, one step below an investment-grade rating. “The company, along with its mainline

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Delta is expanding its China flight offerings for the winter season

Delta will expand China flight offerings

Other News

Delta Air Lines (Delta) is expanding its flight schedule to China later this year, offering ten weekly flights to Shanghai-Pudong International Airport (PVG) from its Seattle (SEA) and Detroit (DTW) hubs. Beginning October 29, the airline will operate daily flights from SEA and a three-times-weekly service from DTW. And next March, Delta will resume a

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Delta, Certares and Knighthead accelerate Wheels Up business transformation

Delta emerges as primary investor in US$500 million rescue package for Wheels Up

Financial

Delta Air Lines, Certares Management and Knighthead Capital Management have announced an expanded partnership with Wheels Up Experience to accelerate the company’s business transformation. Earlier this year, Wheels Up announced plans to scale and evolve its product offerings to deliver world-class private aviation service profitably. Funding provided by Delta, certain affiliates of Certares and Knighthead, and other

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Delta and LATAM’s first new joint venture route from Sao Paulo has just landed in Los Angeles

Delta and LATAM inaugurate first route in the Brazilian market

Airlines & Routes

Delta and LATAM’s first new joint venture route in the Brazilian market has landed in Los Angeles (LAX). The Boeing 777 aircraft departed São Paulo (GRU) on Tuesday, August 1, and turned the largest city in California into LATAM’s 22nd international destination from Brazil. It is also LATAM Brazil’s fifth destination in the U.S. after

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Delta Air Lines has disclosed orders for 12 A220-300 aircraft

Delta Air Lines looks to expand fuel-efficient fleet

Aircraft & Engines

Delta Air Lines (Delta) is continuing with its plans to streamline its fuel-efficient fleet with the announcement of its execution of options for 12 new Airbus A220 single-aisle jets. Including these options, the American carrier has 70 A220s on order which, when delivered, will see Delta’s fleet grow to 131 A220-family aircraft. “The A220-300 offers

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Ground-breaking of Delta's new pilot training facility in Salt Lake City

Delta breaks ground on new pilot training facility in Salt Lake City

Other News

On June 29, Delta Air Lines (Delta) broke ground on a new pilot training facility in its key Mountain West hub, Salt Lake City. The SLC training facility will complement Delta’s Atlanta training facility, which has 34 full-flight sims, plus 13 Flight Training Devices (FTDs) and 20 Procedure Trainers (PTs). Located next to Salt Lake

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Willis Lease adds Delta Air Lines to North American lease pool

Aircraft & Engines / Leave a Comment

Willis Lease Finance Corporation reported that Delta Air Lines has joined the North American pooling agreement. Members in this engine sharing arrangement include American Airlines, Southwest Airlines, WestJet and Alaska Airlines and the pool covers CFM56-7B engines used to power Boeing 737 Next Generation aircraft. The North American pool, now with the addition of Delta

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Delta Air Lines reports first quarter net loss of $274 million

Financial / Leave a Comment

Delta Air Lines reported results for the quarter ended March 31, 2008. Delta reported a net loss of $274 million in the first quarter of 2008 compared to a net loss of $6 million in the first quarter of 2007, excluding special and reorganization items. The $268 million year over year increase in net loss

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US Helicopter and Delta Air Lines sign codeshare agreement

Other News / Leave a Comment

US Helicopter Corporation and Delta Air Lines announced a codeshare agreement to expedite the process for customers connecting between two New York City heliports and Delta’s flights at its New York hub at JFK International Airport. Effective immediately, Delta has placed its code (DL) on US Helicopter 8 Minute flights that operate between the Downtown

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