Delta Reinstates 2025 Profit Outlook
Delta on Thursday reinstated its full-year financial guidance for investors, setting lower targets than were predicted back in January.
Delta on Thursday reinstated its full-year financial guidance for investors, setting lower targets than were predicted back in January.
Facing what CEO Ed Bastian calls “broad economic uncertainty,” Delta plans to retire some aircraft earlier than planned.
CEO Ed Bastian called the January accident in Washington “ a causal fact in terms of the trend line that we’re looking at.”
Delta Air Lines’ Chief Operating Officer Gil West announced his plans to retire from the company. The announcement was made public in an internal memo to employees from CEO Ed Bastian on Aug. 25. Considered the architect of the carrier’s operating performance excellence, West joined Delta in 2008 as the Senior Vice President of Airport […]
In comments to The Washington Post, Delta CEO Ed Bastian said that he is confident that business travel will return in the future despite being having been greatly reduced over the past months due to COVID-19 pandemic. The executive has been firm with this stance and has repeatedly assured it lately, despite Delta’s sub-25% capacity […]
As oil prices rise, many airlines are beginning to or have already retired old, inefficient aircraft. Air New Zealand retired its final Boeing 747 aircraft last month, replacing it with a fleet of seven 777s. Lately, many Asian airlines have followed suit to stay in line with their competitors. China Eastern Airlines and China Airlines […]