Delta

Rendering of Airbus A350-1000 in Delta livery

Delta generates full-year income of US$5 billion, orders new A350-1000s

Delta Air Lines (Delta) will add 20 new Airbus A350-1000 wide-body aircraft, as it continues to refresh and streamline its fleet while improving fuel efficiency and providing a world-class in-flight experience. Delta currently operates 28 A350-900s. Following this latest announcement, Delta has an orderbook for 36 next-gen A350 aircraft, bringing the A350 fleet to over …

Delta generates full-year income of US$5 billion, orders new A350-1000s Read More »

Delta lowers profit forecast due to high fuel costs

Delta Air Lines has exceeded its quarterly earnings expectations, but concerns about higher fuel expenses has led to a revision in its full-year profit outlook. The Atlanta-based carrier’s earnings report coincides with indications of weakening domestic travel demand, raising questions about whether consumers are scaling back travel expenditures due to dwindling household savings, the resumption …

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DOT rules to expand antitrust immunity for six SkyTeam members

The U.S. Department of Transportation (DOT) approved antitrust immunity for six-way alliance activities in trans-Atlantic markets for the SkyTeam carriers of Air France, Alitalia, CSA Czech Airlines, Delta, KLM Royal Dutch Airlines and Northwest Airlines. The DOT’s Final Order ruling is the first since the new European Union-U.S. Open Skies agreement went into effect on …

DOT rules to expand antitrust immunity for six SkyTeam members Read More »

Delta Air Lines reports fourth quarter 2007 net loss

Delta reported a pre-tax loss for the quarter of $105 million, an $80 million improvement compared to the prior year period excluding reorganization items. Delta’s net income for the year was $1.6 billion, or $418 million excluding reorganization related items. Delta reported a net loss of $70 million for the fourth quarter.

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