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Delta notches “solid” bookings for summer after a very soft spring
TransportThe president of Delta Air Lines Inc. said Thursday that the company expects strong second-quarter financial results on stable travel demand and slightly lower jet fuel prices than last spring. Delta shares rose 64 cents, or 3.5 percent, to close at $18.71. Airlines have seen weakness in a key revenue ratio in April and May, [...]
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Delta finally cuts its Memphis hub loose, slashing both flights and jobs
TransportDelta Air Lines Inc. said it will cut 230 jobs and reduce daily flights at Memphis, Tennessee, after changes in operations failed to make the hub profitable. The extensive use of inefficient 50-seat jets in Memphis and high jet-fuel prices that make them expensive to operate were blamed for the decision to scale back operations, [...]
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Delta’s $1.4 billion JFK terminal opens, sparking fight for business travelers
TransportDelta Air Lines Inc. sharpened the jockeying for the highest-paying passengers in New York, the biggest U.S. aviation market, as it opened a $1.4 billion international terminal at John F. Kennedy International Airport. A joint venture with Virgin Atlantic Airways Ltd., in which Delta is taking a 49 percent stake, will include seven daily JFK [...]
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Delta is in no rush to buy new planes, CEO says let other airlines test them
TransportDelta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive told Reuters on Wednesday. While other airlines have ordered more than 3,000 of the next generation narrow-body models, the Boeing 737 MAX and the Airbus [...]
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U.S. government shouldn’t help Korean Air and Emirates buy planes, Delta says
TransportMay 22 (Reuters) – Delta Air Lines wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co, and would be willing to forgo such support for its own purchases of smaller jets if all such subsidies were eliminated, the chief executive said on Wednesday. “We would be perfectly [...]
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Top U.S. airlines for extra fees in 2012: Delta Air Lines leads the way
TransportAccording to preliminary data from the U.S. Department of Transportation’s Bureau of Transportation Statistics, for the third consecutive year Delta Air Lines beat out all other U.S. airlines in checked baggage and reservation change fees. Out of a total of more that $6 billion in fees collected by all reporting U.S. airlines, Delta took home [...]
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Gogo wins FCC license and could launch satellite Wi-Fi for Delta
DigitalGogo is one step closer to bringing Ku-band satellite-supported inflight Wi-Fi to Delta Air Lines and other customers after receiving a license from the Federal Communications Commission (FCC) to operate Ku-band terminals on domestic and international flights, the APEX editor’s blog can reveal. The Chicago-headquartered company, which has been gearing up to launch Ku-band connectivity [...]
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Delta to return $1 billion to investors: First dividend in a decade
TransportDelta Air Lines Inc. plans to return $1 billion to investors by repurchasing stock and restarting its dividend after a decade-long break punctuated by bankruptcy and the biggest acquisition in its history. About half that amount will be through a buyback program over the next three years, while the quarterly dividend of 6 cents a [...]
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Delta brings its new JFK terminal to a sidewalk in NYC’s SoHo neighborhood
TransportDelta will unveil extensive renovations to Terminal 4 at New York-JFK on May 24, and it’s opened a pop-up space in SoHo to show off design elements and tech features. Visitors, whether there on purpose or happenstance, are charging their phones, reading the airline’s Sky Magazine, and eating lunch out of tiny Delta suitcases. The [...]
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Delta and American Airlines match United’s hefty ticket change fee
TransportDelta Air Lines Inc. and American Airlines have matched United’s increase in the fee for changing a domestic-flight reservation to $200 from $150. With US Airways Group Inc. having matched the increase last week, all four of the so-called legacy airlines have raised the cost of changing a ticket. United Continental Holdings Inc. has said [...]
