Ed Bastian

Airline execs predict record summer, even more demand for first class

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Passengers are seen at the Delta Air Lines check in area before their flights at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S. June 28, 2022.  Elijah Nouvelage | Reuters While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there’s no sign of slowing demand … Read more

Delta Air Lines (DAL) Q1 2024 earnings

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An Airbus A330-941 is being delivered to Delta Air Lines, flying from Toulouse Blagnac Airport to Atlanta, in Toulouse, France, on December 8, 2023.  JoanValls | Nurphoto | Getty Images Delta Air Lines swung to a profit in the first quarter and its CEO Ed Bastian said bookings for both leisure and business travel are … Read more

Lawmakers Tell Delta To Keep Its Dirty Union-Busting Hands To Itself As Flight Attendants Fight To Organize Union

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While the airline industry in the U.S. is largely unionized, Delta is different. Its pilots and dispatchers are unionized, but Delta’s technicians and flight attendants, as well as its ramp, cargo and tower employees, are not. With renewed efforts to change that following years of growing support for unions, it’s starting to look like we … Read more

Airfare is down, but here’s why that may not last for long

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Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC Airfare fell 6.4% in January from a year earlier, the Labor Department said in its monthly consumer price index on Tuesday. It might not last too long. January is typically a slower month for travel as customers take fewer trips … Read more

Airline stocks tumble after Delta trims profit forecast

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A Delta Airlines Boeing 737-700 seen lining up before departure at Princess Juliana airport. Fabrizio Gandolfo | Lightrocket | Getty Images Delta Air Lines shares slipped about 7% Friday after the company trimmed its 2024 earnings forecast.  Delta forecast full-year earnings per share of $6 to $7, below its previous estimate of more than $7 … Read more

Delta Air Lines (DAL) Q4 2023 earnings

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Delta Air Lines closed out the year by doubling its quarterly profit as travel demand, particularly for international trips, helped drive record revenue in 2023. CEO Ed Bastian said continued strong travel demand could boost earnings this year. Still, the company’s full-year profit outlook was below a previous forecast, and the stock fell 5% in … Read more