Delta Air Lines (DAL) believes that the scrutiny currently being faced by Boeing (BA) from regulators will result in it getting deliveries of 737 Max 10 planes not before 2027. This was stated by Delta’s CEO Ed Bastian in an interview to Bloomberg.We remind investors that DAL had announced in 2022 that it would buy 100 Boeing 737 Max 10 jets with options to buy another 30. At that time, it expected the planes to get delivered from 2025 onward. Delta, currently carrying a Zacks Rank #3 (Hold), currently does ...

Delta Air Lines, Inc. (NYSE:DAL) J.P. Morgan 2024 Industrials Conference March 12, 2024 7:45 AM ET Company Participants Ed Bastian - Chief Executive Officer Glen Hauenstein - President Dan Janki - Executive Vice President and Chief Financial Officer Julie Stewart - Vice President, Investor Relations Conference Call Participants Jamie Baker - J.P. Morgan Mark Streeter - J.P. Morgan Jamie Baker Good morning, everybody. My name is Jamie Baker. I cover the U.S. Airlines and Aircraft Leasing Companies at JPMorga ...

A Boeing 767 passenger aircraft of Delta airlines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024.Delta Airlines just became the latest airline to raise its checked bag fee — this time by $5 beginning Tuesday, according to the company.In a statement, the airline said the fee for both the first and second checked bag is increasing by $5 for most domestic and short-haul international routes. Travelers with Delta perks, such as D ...

PARIS & NEW YORK--(BUSINESS WIRE)--Air France-KLM, Delta Air Lines and Virgin Atlantic today announced the launch of the Sustainable Airlines Initiative (SAI) in partnership with EcoVadis. Driven by members’ commitment to improve sustainability performance, the SAI will work to accelerate sustainable practices through close collaboration with trading partners to build transparency and scale positive impact across their value chains. “Commercial aviation is critical for our economies and a conduit for con ...

In the latest market close, Delta Air Lines (DAL) reached $41.57, with a -1.4% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.12%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.41%.Heading into today, shares of the airline had gained 5.45% over the past month, outpacing the Transportation sector's gain of 3.74% and the S&P 500's gain of 4.83% in that time.The investment community will be payin ...

2024 is a year full of uncertainties in the geopolitical and macroeconomic sphere. Amid these risks, elite blue-chip stocks can provide downside protection and offer substantial upside. The market is calm for now, but it is prudent to position your portfolio for the eventual volatility later this year.Looking at fundamentals, the outlook for corporate earnings continues to be solid. As recent Q4 2023 results revealed, companies beat market expectations with concrete results. According to FactSet earnings in ...

peakSTOCK/iStock via Getty ImagesVir Biotechnology (NASDAQ:VIR) is developing treatments for patients with Hepatitis B (HB), Hepatitis delta (HD), Human Immunodeficiency Virus (HIV), Influenza and COVID. I wrote about the name in November 2023, rating it a buy based on an expectation of positive results from the company's ongoing work in HB and HD patients. The company also looked very cheap, with an enterprise value of over -$400M. Initial SOLSTICE data In November 2023, VIR reported the first data fro ...

Delta Air Lines (DAL) closed the latest trading day at $41.79, indicating a +0.17% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.38%. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.13%.Heading into today, shares of the airline had gained 5.27% over the past month, outpacing the Transportation sector's gain of 3.94% and the S&P 500's gain of 4.74% in that time.Market participants will be closely following the financial resu ...

A Delta Airlines Airbus A350 at Amsterdam Schiphol Airport on Tuesday 8th of August 2023. (Photo by ... [+] Robert Smith/MI News/NurPhoto via Getty Images)NurPhoto via Getty Images Delta Air Lines DAL is the latest U.S. airline to benefit from a government program of the southernmost ‘Sunshine State’—Queensland, Australia. Following the pandemic, a compelling government plan to revitalize air routes and promote more international connectivity has spurred a flurry of airlines to fly to Queensland’s capital.B ...

Delta Air Lines (DAL) closed the most recent trading day at $40.60, moving +1.2% from the previous trading session. This change outpaced the S&P 500's 0.6% loss on the day. Meanwhile, the Dow lost 0.17%, and the Nasdaq, a tech-heavy index, lost 0.92%.Coming into today, shares of the airline had gained 8.49% in the past month. In that same time, the Transportation sector gained 3.62%, while the S&P 500 gained 3.56%.The investment community will be closely monitoring the performance of Delta Air Lines in its ...