delta
New York (AFP) - Delta Air Lines reported another round of strong earnings on Wednesday as it forecast a record second quarter based on consistently strong travel appetite. "Consumer demand is robust and premium trends remain strong," Delta President Glenn Hauenstein said on a conference call with analysts. The big US carrier described consumer taste for travel as still unwavering, with business travel taking "another meaningful step forward this year" after the doldrums of the pandemic years, said Chief Executive Ed Bastian. Delta reported first-quarter profits of $37 million compared with a ...
AFP
Los Angeles (AFP) - A woman who says she was threatened with being kicked off a US Delta Air Lines flight because she was not wearing a bra demanded a meeting with the company's top boss on Thursday over what she says is a discriminatory policy. Lisa Archbold said she had on baggy jeans and a loose white t-shirt -- with no bra -- and claimed she was temporarily escorted off a flight by a female gate agent who demanded she cover up, even though her breasts were not visible. "It felt like a scarlet letter was being attached to me," Archbold, 38, told reporters in Los Angeles about the January ...
AFP
Washington (AFP) - Delta Air Lines saw its profits more than double in the fourth quarter last year, helped by strong travel demand, even as it trimmed its earnings expectations for 2024, the US carrier said Friday. The company reported net income of more than $2 billion for the October to December period, up from $828 million for the same period in 2022. Its revenue jumped to $14.2 billion for the quarter, helped by "the highest holiday travel volumes in its history." "In 2024, demand for air travel remains strong and our customer base is in a healthy financial position with travel a top prio...
AFP
New York (AFP) - Delta reported record results in the second quarter on Thursday, raising its full-year forecast on continually robust travel demand as more international markets reopen. The big carrier, the first US airline to report results, described an extension of the banner industry conditions that have followed the devastating Covid-19 downturn. "We see strong demand both domestically and internationally as far as we can see," said Delta President Glen Hauenstein. Executives have for more than a year pointed to pent-up demand for flying after the pandemic shutdowns. Delta profits more t...
AFP
New York (AFP) - Shares of Delta Air Lines tumbled Wednesday as swelling costs pressured quarterly earnings, despite persistently robust demand that so far appears resilient amid inflation. The big US carrier reported solid second-quarter operating earnings and said it is on track for "meaningful full year profitability," a markedly better outlook after the bruising pandemic downturn. But the results missed analyst expectations, prompting analyst questions about when Delta expects to get costs under control and stabilize operations. Besides a 41 percent jump in fuel costs compared with the 20...
AFP
Washington (AFP) - During America's last surge of the coronavirus driven by the Delta variant, people who were unvaccinated but survived Covid were better protected than those who were vaccinated and not previously infected, a new study said Wednesday. The finding is the latest to weigh in on a debate on the relative strengths of natural versus vaccine-acquired immunity against SARS-CoV-2, but comes this time with the imprimatur of the US Centers for Disease Control and Prevention (CDC). The authors of the paper warned, however, against depending on infection as a strategy, given the higher ri...
AFP
New York (AFP) - Delta Air Lines on Monday cited new Chinese cleaning requirements after it rerouted a China-bound flight back to the United States, drawing criticism from Chinese authorities. The December 21 flight was supposed to land in Shanghai after disembarking from Seattle, but instead returned to the US city midair. Delta said the reason for the reversal was new Chinese requirements issued earlier that day in the wake of the latest Covid-19 surge. "The new cleaning procedures require significantly extended ground time and are not operationally viable for Delta," a Delta spokesman said....
AFP
Washington (AFP) - The Delta variant of the coronavirus is as contagious as chickenpox, probably causes more severe disease than past strains, and breakthrough cases in vaccinated individuals may be as transmissible as unvaccinated cases, according to a leaked US government document. The internal slide presentation produced by the Centers for Disease Control and Prevention (CDC) stresses that "the war has changed" as a result of Delta. It was first reported by The Washington Post and has been verified by AFP. CDC director Rochelle Walenksy cited data from the presentation this week to justify ...
AFP
New York (AFP) - Delta Air Lines posted its first quarterly profit since the coronavirus pandemic Wednesday, propelled by improving travel demand and an infusion of federal funds for airline workers. The big US carrier said domestic leisure voyages had recovered to pre-pandemic levels, while corporate travel volumes have begun to come back, doubling from 20 percent recovered in March to 40 percent recovered in June. "Domestic leisure travel is fully recovered to 2019 levels and there are encouraging signs of improvement in business and international travel," said Delta Chief Executive Ed Basti...
AFP
New York (AFP) - Delta Air Lines reported another quarterly loss Thursday, but pointed to an expected return to profitability later in 2021 amid quickly rising travel demand. The big US carrier was cashflow positive in March for the first time since the coronavirus pandemic hit a year earlier as more newly-vaccinated Americans booked vacations. "We are now seeing more normal booking behavior as customers make plans for spring and summer travel," Delta Chief Executive Ed Bastian said in a conference call, adding that 75 percent of customers expect to be vaccinated by Memorial Day. The company r...
AFP
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