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The Latest Breaking News from Ed Bastian

Delta posts record revenue, but one-time pilot payouts pinch results

Delta Air Lines posted a record $12.8 billion in revenue in the first quarter of the year, as demand for air travel soared and travelers paid more for flights and premium seats.

Tribune News Service

Spring travel squeezing airports, airlines as summer surge looms

Anand Srinivasan was just about to check his baggage for a family spring break trip to Rhode Island, when he discovered the flight had been canceled.

Tribune News Service

Editorial: Is it time for a national no-fly list for unruly passengers?

There are places where violence can be particularly destructive. Inside a fuselage jammed with people flying at 600 mph at 30,000 feet is certainly one of them.

Tribune News Service

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Delta's free WiFi, Sync platform point to more connected future

DETROIT and LAS VEGAS — Delta Air Lines Inc. on Wednesday launched free WiFi on 75% of its domestic mainline aircraft, an early step toward its overhaul of in-flight entertainment in favor of personalization and free services like Paramount+ streaming, New York Times puzzles and more.

Tribune News Service

Airline Stocks Are Rallying In 2023, Even With Travel Chaos: What Happens Next?

The S&P 500 cash index was higher by 2.8% and some sectors were in the green by much more than that.

Zenger

Aviation leaders call for more funds for the FAA after this week's system failure

This week's NOTAM system failure, which caused thousands of flight delays and cancelations, has airline industry leaders calling for more stable funding to upgrade antiquated FAA systems.

WEKU

Delta continues path toward free Wi-Fi

ATLANTA — Delta Air Lines is moving further along its path of offering free Wi-Fi on flights, a years-long effort of testing and gradual technology upgrades.

Tribune News Service

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A strategy session in the skies: How Delta CEO Ed Bastian took the airline out of a tailspin into ‘the strongest buying in our history’

"Airlines have already been through the worst recession an industry can go through," says Bastain. During the pandemic he made several strategic shifts that have allowed Delta to roar out of the gates.

Fortune

Delta preparing for 5 million passengers over Thanksgiving week

ATLANTA — Delta Air Lines is preparing to handle more than 5 million passengers over Thanksgiving week, one of the busiest travel periods of the year and what is expected to be the heaviest Thanksgiving traffic Delta has seen since the start of the pandemic.

Tribune News Service

Richard Branson urges Heathrow not to limit Christmas flights

Strong dollar and end of Covid restrictions lead to huge boom in travel from US to UK, Virgin and Delta say

The Guardian - UK

Holiday flights will be pricey and packed. Here are 5 things to know before you book

Airlines and travel websites say that bookings for holiday travel are strong despite higher airfares, as pandemic-weary travelers seem willing to pay.

WEKU

High air fares help Delta climb above fuel, payroll costs

Delta Air Lines reported a $695 million profit for the third quarter of this year, with pricey air fares bringing in record revenue that covered higher costs for fuel and payroll and then some.

Tribune News Service

Delta travellers will soon be able to use electric aircrafts to get to and from the airport

The service will launch first in Los Angeles and New York

The Independent UK

Delta CEO says airline industry sees 'big shift coming out of COVID'

As the markets and economists brace for economic downturn, Delta Air Lines Inc. CEO Ed Bastian says he's not concerned about a global recession given the demand the airline industry is seeing.

Tribune News Service

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Tribune News Service

Airlines commit to pay for hotel, meals for some flight cancellations

Delta Air Lines and other carriers are committing to pay for hotel and food expenses for some passengers whose flights are canceled or delayed by three hours or more, as the federal government pushes airlines to improve how they treat customers during flight disruptions.

Tribune News Service

Unions: Airlines should forgo stock buybacks until operations improve

Unions are pushing Atlanta-based Delta Air Lines and other carriers to hold off on stock buybacks that would reward shareholders, saying carriers should first restore staffing to avoid operational meltdowns and complete labor contract talks.

Tribune News Service

Delta testing free Wi-Fi on some flights this summer

ATLANTA — Delta Air Lines is testing free Wi-Fi on some flights, part of a years-long effort to eventually launch free wireless internet service across many of its flights.

Tribune News Service

Delta had worst cancellation rate among US airlines in May

Delta Air Lines had the most cancellations of any U.S. airline in May, according to the latest federal data.

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Tribune News Service

To limit cancellations, Delta halts flight growth for rest of year

Delta Air Lines on Wednesday said it will halt flight growth for the remainder of the year despite surging demand to avoid mass cancellations that have plagued the carrier so far this summer.

Tribune News Service

After powering through July 4th weekend, airlines face tough summer

After pushing through storms and some flight cancellations over the busy Fourth of July weekend, airlines and their passengers face the challenge of navigating through the rest of a busy summer.

Tribune News Service

Crowds of July 4 travelers get some reprieve as cancellations ebb

The biggest crowds of July 4 holiday travelers since the COVID-19 pandemic jostled their way through U.S. airports this weekend, keeping stress on an already beleaguered transportation system.

Tribune News Service

Delta offers $10,000 to passengers to give up seats on overbooked flight

After a traveler said Delta Air Lines recently offered passengers $10,000 in cash to take a later flight after overbooking, many were shocked and started considering what their airplane seat might be worth.

Tribune News Service

July 4th travelers face canceled flights, crowded airports and higher fares

People across the U.S. are expected to fly in the highest numbers since the start of the COVID-19 pandemic for the July 4 holiday weekend, stressing a beleaguered transportation system experiencing tens of thousands of cancellations and delays.

Axios

The airlines already know Fourth of July will be a mess

Delta is offering an unusual waiver to try to get customers to rebook

Benzinga

Delta, United Airlines Positive On Post-Pandemic Spending: Reuters

Delta Air Lines Inc (NYSE:DAL) and United Airlines Holdings Inc (NASDAQ:UAL) downplayed the prospect of a U.S. economic recession, saying a shift in consumer spending from goods to services would keep their businesses afloat, reported Reuters. Delta Airlines lifted its June quarter's revenue guidance but on a lower capacity than planned. Related: Why Delta Air Lines…

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