Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Delta Air Line"


25 mentions found


Last year, Verizon VZ.N and AT&T T.N voluntarily agreed to delay some C-Band 5G usage until July as air carriers worked to retrofit airplane altimeters. Delta Air Lines (DAL.N) said Friday its supplier told the airline it would not have enough radio altimeters for Delta’s entire fleet by July 1. Approximately 190 Delta narrowbody aircraft are not yet equipped with updated radio altimeters including all A220s, most A319s and A320s, and some A321s. All Delta widebody aircraft will be equipped with updated radio altimeters prior to July 1, the airline said. Reuters first reported in March that major U.S. wireless carriers agreed to some voluntary actions to address aviation safety concerns.
Persons: Robert Bryan, Read, Pete Buttigieg, Buttigieg, T.N, David Shepardson, Chizu Organizations: Eagle Aviation, Columbia Metro, . Transportation, Airlines for, Verizon, Carriers, Air Lines, Delta, Reuters, Mobile, Federal Aviation Administration, FAA, Thomson Locations: West Columbia, South Carolina, U.S, WASHINGTON, Airlines for America
WASHINGTON, June 23 (Reuters) - Critical U.S. air traffic control (ATC) facilities face staffing challenges and the Federal Aviation Administration "lacks a plan to address them," a government audit released on Friday found. The Transportation Department Office of Inspector General said the staffing issues pose risks to the continuity of air traffic operations. The report said the FAA has made limited efforts to ensure adequate controller staffing at the busiest air traffic control facilities, adding that 77% of critical ATC facilities are staffed below the FAA's 85% threshold. The center in busy Florida has had 300 staffing triggers - events when workforce issues require reducing air traffic, the report said. The Transportation Department in May sought $117 million to hire 1,800 air traffic controllers next year, in addition to 1,500 being hired this year.
Persons: General, York TRACON, David Shepardson, Chizu Nomiyama, Matthew Lewis Organizations: Federal Aviation Administration, Transportation Department, FAA, National, Jacksonville, The Transportation Department, Delta Air Lines, United Airlines, Washington National, New, ., Thomson Locations: U.S, Florida, New York JFK, LaGuardia, Newark, New York, York, Miami, Washington
Samantha McLemore, Bill Miller's longtime co-manager who struck out to start her own fund, has her eyes on some of the most hated stocks in the market. McLemore said she is a classic long-term investor who studies companies' intrinsic value, but she also has a knack for finding underappreciated opportunities based on consumer behavior. However, McLemore believes that Delta differentiates itself from the rest by being a premium brand and it generates revenue from stable sources like loyalty programs. DAL 5Y mountain Delta "I think now you're getting another chance here," McLemore said. "Even in a recession, we have confidence that they can earn in the mid $4 a share," McLemore said.
Persons: Samantha McLemore, Bill Miller's, McLemore, Legg Mason, Miller, Ben Graham, DAL, OneMain Organizations: Capital, Trust, New York City . Delta Air, OneMain Holdings, Investors Locations: Baltimore, New York City, Evansville , Indiana
While the stock market is on pace for a surprisingly big rally in the first half of the year, certain stocks have led the pack. The U.S. economy has so far dodged a recession and consumers are continuing to spend, which is underpinning Wall Street's optimism. CNBC used FactSet data to screen for stocks that meet the following criteria: Stocks included have gained more than 14% from the start of the year. Nearly 74% of analysts rate the stock as a buy, according to FactSet, while their average price targets imply 20% upside. DAL YTD mountain More than 80% of analysts covering Delta rate the stock as a buy, according to FactSet.
Persons: DAL Organizations: Federal Reserve, Nasdaq, Dow Jones Industrial, MGM Resorts, Delta Air Lines, CNBC, Warner Bros, Discovery, Warner Bros Discovery, Caesars Entertainment, MGM, Caesars, Sands, Nassau Coliseum, Alaska Air Group Locations: U.S, New York
Now, for the fifth time in the accolades’ 23-year history, it’s been named best airline in the prestigious Skytrax World Airline Awards 2023. The Qatar flag carrier bossed it in business class, with wins for World’s Best Business Class, World’s Best Business Class Seat, World’s Best Business Class Lounge (the Al Mourjan lounge at Hamad International Airport), World’s Best Business Class Lounge Dining and Best Airline in the Middle East. Scoot was the World’s Best Long-Haul Low-Cost Airline and Volotea won out in the very competitive Best Low-Cost Airline in Europe category. Garuda Indonesia’s cabin staff were voted the world’s best, Cathay Pacific won World’s Best Inflight Entertainment and Bangkok Airways was once again the World’s Best Regional Airline. Delta Air Lines was named Best Airline in North America, with the Best Airline Staff Service for the region, while Sun Country Airlines was named Best Low-Cost Airline in North America title for the first time Alaska Airlines was North America’s Best Regional Airline.
Persons: it’s, , Edward Plaisted, Goh Choon Phong, , Al, Scoot, Volotea Organizations: CNN, Singapore Airlines, Air and Space Museum, Paris Air, SIA, Qatar Airways –, Japan’s ANA All Nippon Airways, Emirates, Japan Airlines, Qatar, World’s, Hamad International Airport, ANA, World’s Best, Services, Kuwait Airways, AirAsia, Air Canada, Cathay Pacific, Entertainment, Bangkok Airways, . Delta Air Lines, Best Airline Staff Service, Sun Country Airlines, Alaska Airlines, Airlines, Qatar Airways, ANA All Nippon Airways, Turkish Airlines, Air, Cathay, Korean, Hainan Airlines, Int’l Air, Etihad Airways, Iberia, Fiji Airways, Qantas Airways, British Airways, Air New Zealand, Delta Air Lines, Garuda, Thai Airways, Transavia, Southwest Airlines, Vueling, Ryanair, Jetstar Airways, Friendly, Virgin Atlantic Locations: Singapore, Europe, North America, Air France, Garuda Indonesia, Transavia France
Airline ranking company Skytrax released its 2023 list of the 20 best airlines in the world. Delta Air Lines is the only US carrier to make Skytrax's top 20 list. Singapore Airlines has been voted 2023's best airline, taking the prestigious title over the previous seven-time winner Qatar Airways. And this year — as is usually the case — the US was a big letdown: only one US carrier made the top 20 list. Here's what travelers believe are the 20 best airlines according to Skytrax's list.
Persons: Skytrax Organizations: Singapore Airlines, Qatar Airways, Delta Air Lines, Morning, Airline
Top 10 things to watch in the stock market Tuesday
  + stars: | 2023-06-20 | by ( Jeff Marks | ) www.cnbc.com   time to read: +3 min
It's a new week but the recent stock market rally makes for a not-so-great set up as Jim Cramer told the Investing Club Monday evening in his weekly column. Jim and "Mad Money" are in Detroit for all things Ford (F) with CEO Jim Farley, covering everything from Ford Blue to Ford Pro to Ford Model e (electric vehicles). Bank of America adds Club stock Amazon (AMZN) to its US 1 list. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Dow, Jim, Jim Farley, They'll, Elon Musk, Sartorius, Cowen, Eli Lilly, Raymond James, Morgan Stanley, Philip Morris, Jim Cramer's Organizations: Nasdaq, Ford, Ford Pro, Ford Model, Elon, Bank of America, Nvidia, Club, Dice Therapeutics, Avis Budget, Citi, Delta Air Lines, DAL, PayPal, Nike, Dow, Barclays, Jim Cramer's Charitable, CNBC Locations: Detroit
A United plane's wing struck a stationary Delta plane at Boston Logan International Airport on Friday. A video filmed by a passenger shows the United plane clipped the Delta plane's tail while taxiing. A passenger on the Delta plane told CNN it "felt like a brief earthquake." A United spokesperson told Insider that the the winglet of a United aircraft clipped the tail of another aircraft at the airport. Alex Wilson, a passenger on the Delta plane, told CNN that it "felt like a brief earthquake" when the plane was clipped.
Persons: Boston Logan International Airport, Alex Wilson, hadn't, Wilson Organizations: Boston Logan International, CNN, United Airlines, Delta Air Lines, United, Aviation, Delta, Federal Aviation Administration, FAA, Boeing, Airbus, The United Locations: Boston, Newark, Detroit
There are overbought stocks, and then there's Delta Air Lines . A stock is considered overbought if its 14-day RSI goes above 70, signaling investors should consider easing their exposure. A 14-day RSI under 30, however, signals that a stock is oversold, meaning there may be a buying opportunity. Take a look at the most overbought stocks in the S & P 500 . Earlier this month, shares got a boost on news that General Motors will use Tesla's electric vehicle charging network .
Persons: Tesla, Bernstein's Toni Sacconaghi, Sacconaghi, Ford's, downgrades, Campbell, Campbell Soup, Mills, Kraft Heinz, — CNBC's Michael Bloom Organizations: Delta Air Lines, Delta, Retail, Walmart, Ford, American Airlines, Netflix, Cruise, Parts, Dollar, SolarEdge Technologies, Kraft
An employee works at the Airbus A350 assembly site, in Colomiers near Toulouse, south-western France, on December 9, 2022. A lot has changed in the four years since one of the aviation industry's biggest air shows was held in person. The question is whether Boeing , Airbus and their numerous suppliers can catch up. Over the past year, Boeing has logged large orders or preliminary agreements from customers including United Airlines , Saudia and new Saudi carrier Riyadh Air. Air India's massive order earlier this year included both Boeing and Airbus jets.
Persons: , Andy Cronin, Stuart Hatcher, Hatcher Organizations: Airbus, Paris Air, Boeing, Aviation, United Airlines, Riyadh Air, Air, Turkish Airlines, Air Lines, Malaysia Airlines, Air France, KLM, Air Baltic Locations: Colomiers, Toulouse, France, Saudi, Riyadh
3-Stock Lunch: Palo Alto, SoFi & Delta Air Lines
  + stars: | 2023-06-16 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Palo Alto, SoFi & Delta Air LinesGina Sanchez, Chantico Global CEO, joins 'Power Lunch' to discuss three stocks: Palo Alto, SoFi and Delta Air Lines.
Persons: Gina Sanchez Organizations: Delta Air, Chantico Global, Palo, Delta Air Lines Locations: Alto, SoFi, Palo Alto
Delta resumes dividend after suspension during pandemic
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: 1 min
June 15 (Reuters) - Delta Air Lines (DAL.N) said on Thursday it would pay a quarterly dividend, resuming a payout that the carrier had suspended in March 2020 during the COVID-19 pandemic. The dividend, of $0.10 per share, will be paid on Aug. 7 to to shareholders of record as of the close of business on July 17, the carrier said. The resumption of the payout reflects Delta's progress on its three-year financial plan, the company said. The move comes as Delta forecast that strong summer travel demand will result in higher-than-expected profit for the quarter through June. Reporting by Aishwarya Nair in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
Persons: Aishwarya Nair, Savio D'Souza Organizations: Delta Air Lines, Thomson Locations: Bengaluru
June 15 (Reuters) - Delta Air Lines (DAL.N) said on Thursday it would pay a quarterly dividend, resuming a payout that the carrier had suspended in March 2020 during the COVID-19 pandemic. In December, Southwest Airlines (LUV.N) became the first major U.S. airline to reinstate its quarterly dividend, more than two years after suspending it in the wake of the pandemic. The move comes as Delta forecast that strong summer travel demand will result in higher-than-expected profit for the quarter through June. Delta Air Lines received $11.9 billion in U.S. assistance. In March 2020, Delta paid a $0.4025 share dividend, which was its 27th consecutive dividend at the time.
Persons: Aishwarya Nair, David Shepardson, Savio D'Souza, Alexander Smith Organizations: Delta Air Lines, U.S, Southwest Airlines, Delta, Thomson Locations: Bengaluru, Washington
(Reuters) - Amazon.com said cloud services offered by its unit, Amazon Web Services (AWS), were restored after a big disruption on Tuesday affected websites of the New York Metropolitan Transportation Authority and the Boston Globe among others. FILE PHOTO: 3D printed clouds and figurines are seen in front of the AWS (Amazon Web Service) cloud service logo in this illustration taken February 8, 2022. The outage also affected services at the U.S. securities regulator’s EDGAR system, Southwest Airlines, the Verge and AP for Students. United Airlines said that its operations were minimally affected, adding “we’re out of impact.”Other Amazon services like Amazon Music and Alexa were also impacted, according to Downdetector. Amazon had its last major outage in December 2021, when disruptions to its cloud services temporarily knocked out streaming platforms Netflix and Disney+, Robinhood, and Amazon’s e-commerce website ahead of Christmas.
Persons: Dado, Downdetector.com, Downdetector, EDGAR, Alexa won’t Organizations: Reuters, Amazon Web Services, New York Metropolitan Transportation Authority, Boston Globe, REUTERS, Services, Lambda, AWS Lambda, Southwest Airlines, Twitter, Delta Air Lines, United Airlines, Amazon Music, Alexa, Netflix, Disney
The move comes at a time when pilots in North America are pushing for better pay and working conditions during their talks with company managements over new employment contracts. Delta Air Lines' (DAL.N) landmark pilots contract, which offers $7 billion in higher pay and benefits in March has put pressure on rival carriers to hand out similar deals ahead of a busy summer travel season. United's CEO Scott Kirby told Bloomberg News that the company has been negotiating weekly to reach a formal agreement with the union. United did not immediately respond to a Reuters request for comment. Reporting by Priyamvada C in Bengaluru; Editing by Shilpi Majumdar and Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Persons: Scott Kirby, Priyamvada, Shilpi Majumdar, Shailesh Organizations: United Airlines Holdings Inc, Bloomberg, Delta Air Lines, Bloomberg News, Thomson Locations: U.S, North America, Bengaluru
United Air expects new pilot offer to add over $8 bln in costs
  + stars: | 2023-06-13 | by ( ) www.reuters.com   time to read: +2 min
Delta Air Lines' (DAL.N) landmark pilots contract in March, which offers $7 billion in higher pay and benefits, has put pressure on rival carriers to hand out similar deals ahead of a busy summer travel season. Earlier this month, the company's pilots union voted to authorize a strike vote - a bargaining tactic unions have been using in contract negotiations. However, Kirby did not reveal details included in the proposal, other than to say United would top the recent deals agreed to by its two biggest rivals. "We have disagreed with the company on the costing of items and they, in our opinion, have inflated many. Meanwhile, shares of United Airlines rose 3.5% in afternoon trade, benefiting from broader market gains.
Persons: Scott Kirby, Kirby, Priyamvada C, Nathan Gomes, Allison Lampert, Shilpi Majumdar, Shailesh Kuber, Pooja Desai Organizations: United Airlines Holdings Inc, Delta Air Lines, Bloomberg, Air Line Pilots Association, Reuters, United Airlines, Thomson Locations: North America, Chicago
WASHINGTON, June 12 (Reuters) - Leaders of the Senate Commerce Committee on Monday introduced a bipartisan aviation policy bill that would boost runway safety, track high-altitude balloons and prohibit airlines from charging fees for families to sit together. Senate Commerce Committee Chair Maria Cantwell, a Democrat, top Republican Ted Cruz and the aviation subcommittee leaders -- Senators Tammy Duckworth and Jerry Moran -- proposed a $107 billion five-year Federal Aviation Administration (FAA) reauthorization bill. The Senate bill "requires the FAA to increase runway safety by deploying the latest airport surface detection equipment and technologies." The Senate bill would ban family seating fees as does the House bill. The Senate bill would require refund request buttons at the top of their websites and double USDOT statutory civil penalties for aviation consumer violations from $25,000 to $50,000 per violation.
Persons: Maria Cantwell, Ted Cruz, Tammy Duckworth, Jerry Moran, Cantwell, Joe Biden's, Mark Kelly, David Shepardsond, Jonathan Oatis, David Gregorio Our Organizations: Senate, Democrat, Aviation Administration, FAA, Washington National Airport, National Transportation Safety Board, Transportation Department, airline, Airlines for, American Airlines, Delta Air Lines, United Airlines, U.S, Thomson Locations: Airlines for America
CNN —An inflatable emergency slide accidentally deployed inside of a Delta Air Lines plane while on the ground at Salt Lake International Airport on Saturday. “Delta flight 520, operating from New York-JFK to Los Angeles-LAX, diverted to Salt Lake City due to a maintenance issue,” said an airline spokesperson in a statement issued to CNN on Sunday. “While on the ground, the same aircraft’s slide was deployed by accident.”No emergency landing was declared, nor did the plane divert due to the slide, according to the statement. The spokesperson said there were 168 passengers on board the B767-300 plane at the time of the incident. It landed at Los Angeles International Airport Saturday evening without further incident“We apologize for the delay to their travel plans.
Persons: Organizations: CNN, Delta Air Lines, Salt Lake International, LAX, Los Angeles International Locations: Salt, New York, JFK, Los Angeles, Salt Lake City
US proposes training, pilot certification rules for air taxis
  + stars: | 2023-06-07 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A full-size mock-up of an electrically powered Lilium Jet air taxi is seen in a presentation bay inside a hangar at the German company’s headquarters in Oberpfaffenhofen airport outside Munich, Germany, December 2, 2022. REUTERS/Tim HepherWASHINGTON, June 7 (Reuters) - The U.S. aviation regulator said on Wednesday it was proposing comprehensive training and pilot certification rules for flying taxis, electric vertical takeoff and landing aircraft (eVTOL), which have been touted as the future of urban air mobility. Low-altitude urban aircraft have drawn intense global interest, with numerous eVTOL companies going public. In May, the FAA issued an "updated blueprint" for airspace and other changes to accommodate future air taxis. Last year, the FAA issued the airworthiness criteria that air taxi startup Joby Aviation (JOBY.N) must meet for its Model JAS4-1 eVTOL aircraft and Archer Aviation (ACHR.N) for its air taxi to be certified for use.
Persons: Tim Hepher WASHINGTON, David Shepardson, David Gregorio Our Organizations: Jet, REUTERS, U.S, Federal Aviation Administration, FAA, International Civil Aviation Organization, Airlines, Joby Aviation, Archer Aviation, Delta Air Lines, Thomson Locations: Oberpfaffenhofen, Munich, Germany, Joby, New York, Los Angeles
Smoke from wildfires in Canada delayed flights at New York-area airports and in Philadelphia on Wednesday as haze blanketed the region and cut visibility. Smoke drifting south from wildfires in Canada covered the New York City area on Tuesday into Wednesday, tainting air quality and sending residents indoors. As of noon Wednesday, the city ranked fourth in the world for worst air quality, with an IQAir World Air Quality Index of 158, a level considered unhealthy for all residents. As of mid-afternoon, 115 flights scheduled to fly to Newark, or around 18% of the day's total, were delayed, according to FlightAware. Flights to LaGuardia were delayed an average of about 120 minutes, and flights to Newark were delayed an average of 82 minutes, according to the FAA.
Persons: John F, , Emma Newburger Organizations: FAA, Philadelphia International, New York's LaGuardia, New, LaGuardia, Kennedy International, United Airlines, Delta Air Lines, CNBC, American Airlines Locations: Canada, New York, Philadelphia, East Coast, Midwest, New York City, U.S, Newark, LaGuardia
CNN —A disruptive passenger on a Friday flight from Paris, France, to Detroit, Michigan, is facing criminal charges after his behavior caused the plane to be diverted to Canada, police said. The flight, operated by Delta Air Lines, left Charles de Gaulle airport in Paris Friday morning and was in the air for about six hours before landing in Canada, according to flight tracker FlightAware. After about 90 minutes at the Canadian airport, it took off and headed to Detroit. “Delta has zero tolerance for unruly behavior, especially when it potentially compromises the safety of our customers and flight crew,” a Delta spokesperson said in a statement regarding the incident. Last year there were more than 2,300 reports of unruly passenger behavior, according to US Federal Aviation Administration statistics.
Persons: Cpl, Jolene Garland, Garland, Charles de Organizations: CNN, Royal Canadian Mounted Police, Stephenville, Delta Air Lines, Delta, US Federal Aviation Administration, FAA Locations: Paris, France, Detroit , Michigan, Canada, Newfoundland, Stephenville Municipal, Charles de Gaulle, Detroit
United Airlines pilots union votes to authorize a strike vote
  + stars: | 2023-06-03 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Pilots from United Airlines take part in an informational picket at Newark Liberty International Airport in Newark, New Jersey, U.S., May 12, 2023. REUTERS/Eduardo Munoz/File PhotoJune 2 (Reuters) - The United Airlines Holdings Inc (UAL.O) pilots union has unanimously voted to authorize a strike vote, the union chair said in a letter to pilots on Friday. "You'll receive more communication regarding this impending strike vote in the coming days," the letter says. A spokesman for the Air Line Pilots Association (ALPA) said it has not yet set a date for the strike vote. Since then, United pilots have been protesting for a better deal.
Persons: Eduardo Munoz, we're, United's, Kanjyik Ghosh, Gokul Pisharody, William Mallard Organizations: Pilots, United Airlines, Newark Liberty International Airport, REUTERS, United Airlines Holdings Inc, Air Line Pilots Association, Delta Air Lines, Industry, ALPA, United, Thomson Locations: Newark , New Jersey, U.S, North America, Bengaluru
Final Trades: Alibaba, Cooper, Dish Network, Delta Air Lines
  + stars: | 2023-06-02 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Alibaba, Cooper, Dish Network, Delta Air LinesThe final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.
Persons: Cooper, CNBC’s Melissa Lee Organizations: Dish Network, Delta Air Lines, Fast Money
United Airlines ordered $1 billion worth of Archer Aviation's electric air taxi known as "Midnight." A regulatory change could delay the launch, but Archer's CEO says commercial flights are still on track for 2025. The era of electric air taxis is near, but a regulatory change has created an obstacle for manufacturers. While the FAA has made progress, the lack of guidance has left air taxi companies in limbo as they do not know how the future laws could impact design and production — effectively delaying the launch of some eVTOLs, like Joby Aviation's air taxi that Delta Air Lines ordered in October. Insider spoke with Archer Aviation CEO Adam Goldstein to learn more about the status of eVTOL certification and the future of its "Midnight" air taxi.
Persons: Archer, , Adam Goldstein Organizations: United Airlines, Morning, Federal Aviation Administration, FAA, Delta Air Lines, Archer Aviation
A proposed consumer class-action lawsuit filed Tuesday alleges Delta Air Lines made "false and misleading" claims of being the world's first carbon-neutral airline while relying on invalid carbon offsets. The lawsuit, filed by California resident Mayanna Berrin in U.S. District Court for the Central District of California, said Delta premised its carbon neutrality on the purchase of carbon offsets from the voluntary carbon market, rather than achieving carbon neutrality through sustainable fuels and carbon removals as initially promised. "Nearly all offsets issued by the voluntary carbon offset market overpromise and underdeliver on their total carbon impact due to endemic methodological errors and fraudulent accounting on behalf of offset vendors," Berrin's attorneys wrote in a complaint. The voluntary carbon offset market is an arrangement of companies and nongovernmental organizations that facilitate investment in green programs such as anti-deforestation and renewable energy. In exchange for their investment in these projects, companies receive carbon offsets in the form of credits that verify the amount of carbon that wasn't released because of the company's investments in offsets.
Persons: Mayanna, Delta, Organizations: Delta Air Lines, Air Lines, Central, Central District of, Delta Locations: California, U.S, Central District, Central District of California, India, Indonesian, Cambodian
Total: 25