DAL - Delta Air Lines, Inc.
25.35 +0.16 (0.64%)
After hours: 4:04PM EDT
| Previous close | 25.66 |
| Open | 24.62 |
| Bid | 25.11 x 1200 |
| Ask | 25.12 x 2200 |
| Day's range | 24.37 - 25.60 |
| 52-week range | 17.51 - 63.44 |
| Volume | 45,619,101 |
| Avg. volume | 53,179,887 |
| Market cap | 16.06B |
| Beta (5Y monthly) | 1.27 |
| PE ratio (TTM) | 4.64 |
| EPS (TTM) | 5.43 |
| Earnings date | 09 Jul 2020 - 13 Jul 2020 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 19 Feb 2020 |
| 1y target est | 37.07 |
- Zacks
Should You Buy Airline Stocks & ETF Upon Takeoff?
The Airline ETF has seen enormous investor interest of late, find out why.
- Yahoo Finance
These airlines are cutting workforce despite $25 billion bailout promise
Major U.S. airlines are cutting worker hours and encouraging employees to take voluntary leave or early retirement.
- Associated Press
Airlines increase job cuts as pandemic crushes air travel
Major airlines on both sides of the Atlantic are cutting even more jobs as they struggle to cope with a plunge in air travel that will leave the airline industry much smaller than it was before the coronavirus pandemic and economic collapse. EasyJet said Thursday that it will cut up to one-third of its 15,000 employees. The London-based budget airline's CEO said he had no choice.
- Reuters
U.S. major airlines roll out more options to avoid staff layoffs
Around 100,000 employees of American Airlines Group Inc <AAL.O>, Delta Air Lines Inc <DAL.N> and United Airlines Holdings Inc <UAL.O> have already accepted offers for temporary or permanent leaves, the companies have said. If airlines furlough too many workers, "the bounce-back is almost impossible," United Chief Executive Scott Kirby said at a conference on Thursday. United is in talks with its labor unions on voluntary options that Kirby said are focused more on the bounce-back than on "survivability."
- Zacks
Are Airline ETF & Stocks Ready to Take Off?
Given the resumption of a higher number of flights ahead of the peak summer travel season, airline stocks and ETF are set to rebound strongly.
- Reuters
Latin America grabs world spotlight for airline bankruptcies
LATAM Airlines and Avianca Holdings survived the Great Depression, but just a few weeks of quarantines forced both companies into bankruptcy, marking Latin America as the world's top spot for airline financial ruin. Hopes for a taxpayer rescue in the region are fading fast and the bankruptcies show that even Latin America's two largest carriers are not immune to collapse, even as many airlines in the United States and Europe have received government aid.
- Financial Times
American Airlines and Delta move to cut thousands of jobs
American Airlines said it would cut 30 per cent of the 17,000 employed in the ranks of management and support staff. Meanwhile, Delta — the second-largest airline after American, by paid passenger kilometres — will offer retirement and buyout packages to its staff of 91,000, including pilots and flight attendants. “I’m often asked for specifics about how small Delta will need to be over the next couple of years,” said Ed Bastian, the airline’s chief executive, in a memo to staff.
- Zacks
American Airlines Plans 30% Staff Cut, More Layoffs Likely
American Airlines' (AAL) job cut plans are part of its cost-cutting measures as it prepares to operate a smaller airline for the foreseeable future.
- Motley Fool
Why Shares of Airlines Are Falling Today
After a brief rally earlier in the week on hopes of an improving economy, airline shares are in the red once again on Thursday. Shares of American Airlines Group (NASDAQ: AAL) were down 6.6% as of 2:30 p.m. EDT and shares of United Airlines Holdings (NASDAQ: UAL) were down 4.4%. Delta Air Lines (NYSE: DAL), which earlier in the day was down 5.2%, had recovered some of that loss, but were still down on a day when broader markets are up.
- Zacks
United Airlines (UAL) COO to Step Down, Focus on Cost Cuts
United Airlines (UAL) COO is stepping down to focus on more important medium and long-term issues, including cost structure changes.
- Zacks
American Airlines (AAL) Clears Doubts Over Bankruptcy Filing
American Airlines (AAL) is seeing modest increases in travel demand; does not think any airline would go out of business due to coronavirus concerns.
- Zacks
Airline Stock Roundup: LTM Files for Bankruptcy Protection, DAL, RYAAY in Focus
The likes of Delta (DAL) and United Airlines (UAL) are looking at ways to promote cleanliness in a bid to encourage passengers to resume flying.
- Motley Fool
Why Airline Shares Soared Again at the Open Today
Airline shares were flying higher again on Wednesday, the sector's second straight day of posting double-digit gains on improving optimism that the U.S. economy is in the early stages of a recovery. Shares of Spirit Airlines (NYSE: SAVE) led the way at the open, jumping 18%, while shares of American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), JetBlue Airways (NASDAQ: JBLU), Alaska Air Group (NYSE: ALK), Hawaiian Holdings (NASDAQ: HA), and Allegiant Travel (NASDAQ: ALGT) were all up double digits.
- Motley Fool
The Best Way for Investors to Play the Airline Industry?
Warren Buffett's position on airline stocks has attracted a lot of investor attention, and rightly so. His Berkshire Hathaway went from being a buyer of airline stocks earlier in the year to famously dumping its stakes in Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), American Airlines Group (NASDAQ: AAL), and United Airlines (NASDAQ: UAL), with Buffett declaring that he'd made a mistake.
- Zacks
U.S. Airline Shares Rally on Easing Coronavirus-Led Travel Bans
With easing travel restrictions, U.S. airlines are seeing modest increases in passenger numbers.
- Zacks
5 Airline Stocks Up 10%+ as Coronavirus Restrictions Ease
Airlines' improved cash flow and cost-control measures helped them with enough capital to tide over the crisis, and now with improved traffic, things are certainly looking up for airliners.
- Yahoo Finance
'This is a kitchen sink quarter': Strategist
On Tuesday the S&P 500 traded above the 3,000 level for most of the session and the Dow crossed 25,000 for the first time since early March. But one strategist warns a pause and digestion in the markets is likely.
- Motley Fool
Why Shares of Latam Airlines Group Plunged Today
Shares of Latam Airlines Group (NYSE: LTM) fell 34% on Tuesday after the Latin American airline filed for Chapter 11 protection in New York. The pandemic has created an extraordinarily tough operating environment for airlines, and it seems unlikely the current equity holders of Latam will get much, if anything, from the reorganization. Airlines around the globe have been hard hit by the COVID-19 pandemic, and Latin American airlines in particular have suffered due to bans on international travel.
- Motley Fool
Why Airline Stocks Are Flying Higher Today
Airline stocks are rocketing higher on Tuesday morning, joining in a broader market rally as investors celebrate signs economic activity is returning to normal and promising developments in the race for the COVID-19 vaccine. Shares of Spirit Airlines (NYSE: SAVE) led the way, up more than 14% as of 10 a.m. EDT, with shares of Southwest Airlines (NYSE: LUV), United Airlines Holdings (NASDAQ: UAL), Delta Air Lines (NYSE: DAL), American Airlines Group (NASDAQ: AAL), Alaska Air Group (NYSE: ALK), JetBlue Airways (NASDAQ: JBLU), and Hawaiian Holdings (NASDAQ: HA) all up double digits.
- Motley Fool
Airline Stocks Are Soaring: Should You Buy or Sell?
Several airline stocks posted spectacular gains last week, but despite some positive data points, investors shouldn't expect a quick recovery in air travel demand.
- Reuters
U.S. senators urge Delta, JetBlue to restore employee hours
Delta and JetBlue have already received a portion of $25 billion in CARES Act money meant to protect airline workers' jobs and pay rates until Sept. 30 as the industry weathers a severe business slump during the coronavirus crisis. Delta is set to receive $5.4 billion and JetBlue $935 million. "You should not take one penny more of bailout funds unless you are prepared to protect your workers' jobs, pay and benefits," 13 senators including Elizabeth Warren and Kamala Harris, all Democrats, wrote to the airlines in two letters.
- Motley Fool
Stock Market News: Will Airline Stocks Rise When Flyers Return?
The S&P 500 (SNPINDEX: ^GSPC) lost 12 points to 2,937, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell 27 points to 9,258. One industry that has a big task ahead of it is the airline business. Ever since local shutdowns went into effect, airline travel volumes have plunged.
- Zacks
Why Is Delta (DAL) Up 3% Since Last Earnings Report?
Delta (DAL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Motley Fool
Airline Bailouts: A Symptom of Failing American Capitalism
Government relief efforts for airlines didn't serve passengers, pilots, or the public. Instead, it was this group of people.
- Zacks
Delta (DAL) Plans to Add to Summer Capacity on Some Positives
Delta (DAL) expects to add around 200 flights in June and another 200 or 300 flights in July on modest improvement in travel demand.
