Articles tagged “delta air lines”

Warren Buffett’s Berkshire Hathaway Boosts Its Bets on Southwest and Delta

Warren Buffett’s Berkshire Hathaway Boosts Its Bets on Southwest and Delta

Katherine Chiglinsky, Bloomberg

It sounds like Warren Buffet is not spooked by higher oil prices. That probably bodes well for everyone else invested in airlines.

14 hours ago

Delta Continues Strong Growth Despite Higher Fuel Costs

Delta Continues Strong Growth Despite Higher Fuel Costs

Andrew Sheivachman, Skift

As Delta goes, so goes the rest of the U.S. aviation sector. While the conversation will be centered around dealing with increased costs, all the fundamentals are still in place for Delta to continue growth across the board and expand abroad.

1 month ago

Virgin Atlantic Names New CEO as Richard Branson Gives Up Control

Virgin Atlantic Names New CEO as Richard Branson Gives Up Control

Kaye Wiggins, Bloomberg

Virgin Atlantic has not performed as well financially as many other European airlines. Much of the problem is the airline's scale. It is too small to compete effectively with Europe's behemoth airline groups. But Craig Kreeger is the CEO, and the CEO has to be accountable. It's unsurprising he is stepping down.

2 months ago

Why the Threat of U.S. Airline Strikes Might Be a Thing of the Past

Why the Threat of U.S. Airline Strikes Might Be a Thing of the Past

Justin Bachman and Mary Schlangenstein, Bloomberg

The U.S. aviation landscape has changed a lot over the last decade with a series of mergers cutting the number of carriers. Not only has this shored up their financials, but it has also made strike action less likely. A good thing for management maybe but not so good for employees looking for a better deal.

2 months ago

Delta Says Rising Fuel Prices Will Drag Its Profits Down

Delta Says Rising Fuel Prices Will Drag Its Profits Down

Mary Schlangenstein, Bloomberg

Expect other airlines to issue profit warnings as the rising cost of jet fuel begins to bite.

2 months ago

Delta CEO Dismisses Threat From Low-Cost Transatlantic Airlines

Delta CEO Dismisses Threat From Low-Cost Transatlantic Airlines

Brian Sumers, Skift

European and U.S. airlines years ago underestimated the threat posed by short-haul discount airlines. Since then legacy carriers have treated transatlantic low-cost airlines as serious competitors. But there's reason to believe the low-cost model may not be as appropriate for longer routes. Legacy carriers might be OK this time.

3 months ago

These U.S. Airline CEOs Made the Most Money Last Year

These U.S. Airline CEOs Made the Most Money Last Year

Brian Sumers, Skift

Does the average traveler care whether a U.S. airline CEO made $7 million or $13 million last year? It's highly doubtful. Passengers want to fly a well-run, on-time airline with friendly customer service. How much money the CEO makes is probably immaterial to most customers.

3 months ago

Delta Air Lines Preps for Switch to Snazzy Zac Posen-Designed Uniforms

Delta Air Lines Preps for Switch to Snazzy Zac Posen-Designed Uniforms

Mary Schlangenstein, Bloomberg

With Virgin America out of business, Delta Air Lines must be the hippest U.S. airline, right? Perhaps that's part of the reason it earns a revenue premium compared to its competitors.

3 months ago

Delta Air Lines Will Return to Mumbai Despite Competition from Gulf Carriers

Delta Air Lines Will Return to Mumbai Despite Competition from Gulf Carriers

Mary Schlangenstein, Bloomberg

By most accounts, there's not much heft in the new agreements the U.S. government reached with Qatar and the United Arab Emirates over airline subsidies. Emirates, Qatar Airways and Etihad Airways will still carry a significant number of travelers between the United States and India. Perhaps the updated diplomatic agreement isn't the reason Delta is returning to India. Maybe it's just a good market.

3 months ago

United Airlines CEO on Dropping NRA Discount: ‘It Was Personal’

United Airlines CEO on Dropping NRA Discount: ‘It Was Personal’

Julie Johnsson, Bloomberg

It's so rare that any big corporation takes a stance that might anger a slice of consumers. United Airlines CEO Oscar Munoz should be commended for following his conscience.

3 months ago

U.S. Should Seek an Open Skies Agreement With China — Before It’s Too Late

U.S. Should Seek an Open Skies Agreement With China — Before It’s Too Late

Adam Minter, Bloomberg

The balance of power in the aviation world is starting to swing eastward. An open skies agreement between China and the U.S. would be great for the likes of Delta and United but it needs political will on both sides to succeed — something that seems pretty unlikely at the moment.

3 months ago

Delta’s Investments Pay Off in Business Traveler Loyalty

Delta’s Investments Pay Off in Business Traveler Loyalty

Grant Martin, Skift

On one hand, Delta's frequent flyers have a less-effective loyalty program. But on the other, they're flying a great airline.

3 months ago