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US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...Some airlines will not have enough planes to meet demand for the peak summer travel season. Delta Air Lines is the notable outlier. It is the top performing US airline stock over the past year....
April 10, 2024
Airlines
US airlines under fire for raising baggage fees again
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
March 10, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Airlines
US airlines plot a course away from another costly summer of chaos
...Delta Air Lines has trimmed its flight plans by 2 per cent to preserve operational reliability, while United Airlines’ head of operations said the company had “already done that” and was “ahead of the curve...
April 24, 2023
The Big Read
How the US fell out of love with flying
...United Airlines filed in 2002, in the aftermath of the 9/11 terrorist attacks, and Delta Air Lines followed three years later....
February 2, 2023
Airlines
Italy in talks to sell ITA Airways to Delta, Air France-KLM and US fund
...However, people close to the negotiations between the Treasury and the two groups of contenders said that an expansion into the US market proposed by Certares, Delta and Air France-KLM had been deemed more...
August 31, 2022
Delta Air Lines Inc
Delta Air Lines chief executive relaxed about risk of recession
...Delta Air Lines chief executive Ed Bastian said the carrier had not seen any signs of waning demand for travel despite soaring inflation and that he was relaxed about the impact of a possible recession....
July 13, 2022
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
InterviewAirlines
Delta Air Lines to raise ticket prices in response to higher fuel costs
...The head of Delta Air Lines has said that higher ticket prices await flyers as a result of the rising cost of oil, in another sign of inflationary pressures seeping into the economy....
March 15, 2022
Airlines
US airlines seek end to Covid mask mandate despite passenger wariness
...Domestic airlines have led the call to end the mandate, with chief executives of seven carriers including American Airlines, United Airlines and Delta Air Lines telling President Joe Biden in a letter last...
April 12, 2022
News in-depthAirlines
Pandemic redraws US airline route maps as business travel falters
...The country’s largest carriers, American Airlines, United Airlines, and Delta Air Lines, together had 14.8 per cent fewer domestic flights on their rosters and 8.3 per cent fewer seats....
March 7, 2022
Virgin Atlantic Airways Ltd
Branson gives Virgin Atlantic cash injection as travel outlook darkens
...Branson’s Virgin Group, which owns 51 per cent of the airline, has invested £204m, while US carrier Delta Air Lines has committed £196m, maintaining its 49 per cent stake in the British carrier....
December 13, 2021
Airlines
US and Australian airlines cancel hundreds of flights after Omicron causes staff shortages
...United Airlines said it had been forced to cancel 120 flights on Friday, while about 135 flights on rival Delta Air Lines were also grounded....
December 24, 2021
Airlines
US airlines cut revenue forecasts as Delta variant slows bookings
...American Airlines, Delta Air Lines, JetBlue Airways, Southwest Airlines and United all said in filings with the US Securities and Exchange Commission that demand pulled back in August....
September 9, 2021
Indian business & finance
India accelerates drive to offload company stakes in rush for cash
...Last year, the authorities agreed a deal to sell debt-ridden national airline Air India to conglomerate Tata Group, ending a two-decade hunt for a buyer....
July 24, 2022
Airlines
Spate of US flight cancellations prompts fears of holiday meltdown
...Delta Air Lines in October had the highest share of flights arriving on time among the big airlines, at 88 per cent....
November 2, 2021
Coronavirus economic impact
US business mood darkens as Delta variant upends forecasts
...United Airlines reined in its capacity plans for the key Thanksgiving and Christmas holidays and American Airlines and Delta Air Lines flagged lower than expected revenues for the quarter....
September 11, 2021
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Airlines
US airlines divided over strength of summer travel rebound
...Jon Jager, an analyst at Cirium, noted that United historically has fewer summer flights than American or Delta Air Lines and also has the highest percentage of international flights among the three largest...
June 2, 2021
Covid-19 vaccines
Google and Facebook to require Covid vaccination for workers at US offices
...Delta Air Lines and United Airlines have said that new hires in the US would need to be vaccinated....
July 29, 2021
Toby Skinner
The entrepreneurs launching airlines in a pandemic
...In the US, two new carriers are attempting to build businesses around secondary American airports and cities that have been underserved by the “big three” of American Airlines, United and Delta....
April 6, 2021
FT SeriesLeading in a crisis
Delta’s Ed Bastian: building staff loyalty to survive a crisis
...Ed Bastian was reeling from his mother’s death when the Covid-19 pandemic plunged the airline industry into turmoil. The Delta Air Lines chief executive describes his mother as his “hero”....
February 21, 2021
Airlines
Airlines tap stock and bond markets as they prepare for surge in bookings
...The carrier followed in the footsteps of United and Delta by putting up its air miles loyalty programme, a lucrative cash source, as collateral for both parts of the deal....
March 18, 2021
Airlines
Several US airlines to ban packing guns on flights to Washington
...The order, praised by the trade group Airlines for America, is in effect until March 30. “Flying is the safest mode of transportation, and I signed this order to keep it that way,” he said....
January 14, 2021
Airlines
Investors see lower risk of default by US airlines
...Ed Bastian, Delta Air Lines chief executive, said in a memo to staff last week that the carrier was burning $12m to $14m a day as virus cases hit new records in the US....
December 8, 2020
LexAirlines
US airlines: points win prizes Premium content
...Delta’s SkyMiles programme, for example, generated $6.1bn in cash sales in 2019. That works out to 13 per cent of total group revenue. In terms of profits, the scheme carries even more weight....
September 18, 2020
News in-depthAirlines
US airlines reveal profitability of frequent flyer programmes
...Delta Air Lines did not offer a valuation but in January, On Point Loyalty, a consultancy specialising in frequent flyer programmes, independently valued SkyMiles at almost $26bn, making it the most valuable...
September 16, 2020
Airlines
Aviation chiefs intensify calls for testing despite vaccine optimism
...Airlines are on course to lose more than $80bn this year, according to industry group Iata, while aircraft makers and the supply chain have been badly hit by the collapse in global travel as a result of...
November 23, 2020

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