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Alaska Airlines exits one entire international market
TheStreet71d agoneutral
Alaska Airlines exits one entire international market

More than 6,500 miles from the West Coast in the southwestern Pacific Ocean, New Zealand is, for many, a dream holiday destination, due to both its striking natural beauty and the cost and time commitment required for those visiting from North America. Along with flag carrier Air New Zealand, ...

Airfares Are Up 27% Over the Past Year
Barrons.com72d agoneutral
Airfares Are Up 27% Over the Past Year

Airfare inflation slowed in June, but that will be of little comfort to those yet to book their summer vacation. Airline fares rose just 0.2% in June, easing from 2.7% in May and 2.8% in April as jet fuel prices pulled back after surging in the previous months. Delta Air Lines CEO Ed Bastian said fares will stay elevated even if fuel prices moderate during the company’s earnings call Friday.

Corrections & Amplifications
The Wall Street Journal76d agoneutral
Corrections & Amplifications

Marsh & McLennan is ranked No. 101 overall and Fiserv No. 386 overall in the Best Companies for the Future ranking of companies in the S&P 500 stock index as of Dec. 31, which Bendable Labs prepared for the WSJ Leadership Institute. The ranking published in the June 8 Journal Report incorrectly placed Marsh & McLennan at No. 275 because of errors in calculating its scores for AI readiness, innovation and financial fitness. Fiserv was incorrectly placed at No. 364 because of errors in calculating its scores for AI readiness and resilience.

Delta earnings: Jet fuel spike has helped airlines pass on higher fares
Yahoo Finance Video76d agoneutralVIDEO
Delta earnings: Jet fuel spike has helped airlines pass on higher fares

Delta Air Lines (DAL) stock continues to face some turbulence ahead of Friday's close despite flying past second quarter estimates with the operator reporting revenue of $17.67 billion and adjusted earnings of $1.56 per share. The airline cited struggles with elevated jet fuel prices while boasting strong demand. Raymond James managing director Savi Syth discusses her recent downgrade on the stock.

Delta CEO Says Fliers Can Afford These Higher Fares
The Wall Street Journal76d agoneutral
Delta CEO Says Fliers Can Afford These Higher Fares

Airlines have passed soaring fuel costs along to travelers for months, and industry observers have watched for signs that consumers hit their limit. But airline executives say it hasn’t happened yet, and Delta said Friday that volatile fuel prices won’t knock its year off course.

Delta Air Lines Q2 Earnings Call Highlights
MarketBeat76d agoneutral
Delta Air Lines Q2 Earnings Call Highlights

Delta Air Lines (NYSE:DAL) reported record June-quarter revenue and better-than-expected profitability, with executives telling analysts that strong demand, fare momentum and diversified revenue streams are supporting the carrier’s full-year outlook despite a sharp increase in fuel costs. Chief Exe

Investing.com76d agoneutral
What Delta’s report tells investors in American and United

For investors holding UAL and AAL, Delta's Q2 is more than a scorecard for one carrier — it is the sector's first detailed read on whether premium fare pricing can absorb record fuel costs, how loyalty programs are holding up, and whether consumer travel demand has crested. The tip-offs from Atlanta are largely encouraging.

Delta Sales Keep Climbing While Sky-High Fuel Costs Cut Profit
The Wall Street Journal76d agoneutral
Delta Sales Keep Climbing While Sky-High Fuel Costs Cut Profit

Delta Air Lines said customers aren’t shrinking away from higher flight prices that have helped offset sky-high fuel costs. Chief Executive Ed Bastian said higher fares haven’t slowed down demand, at least from Delta’s customers. “While they’ve jumped recently, they’re certainly not expensive,” Bastian said.

Delta’s Business Class Lite Is a Fare Increase in Disguise
The Wall Street Journal76d agoneutral
Delta’s Business Class Lite Is a Fare Increase in Disguise

The big travel news this week: Delta is adding basic fares to its premium cabins. Delta Air Lines has been upfront about its plans to bring those restrictive basic fares to its cushier cabins. When the airline rolled out a new basic fare category for its priciest seats this week, it said, and I quote, “This expansion of the basic experience allows customers to access premium products at a lower price point, giving them more choice and the ability to tailor their travel based on what matters most.”

SK Hynix's US listing, Delta earnings, housing bill: What to Watch
Yahoo Finance Video77d agoneutralVIDEO
SK Hynix's US listing, Delta earnings, housing bill: What to Watch

Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Friday, July 10, including SK Hynix (000660.KS) making its debut on the Nasdaq, Delta Air Lines (DAL) earnings, monthly sales results from Taiwan Semiconductor Manufacturing Co. (TSM), and the pending approval of Congress' housing affordability bill.

Delta Q2 earnings preview: What to watch
Yahoo Finance77d agoneutral
Delta Q2 earnings preview: What to watch

Delta Air Lines will report second quarter results Friday morning, with investors hoping growth in the premium business would continue to blunt issues like rising fuel costs, and capacity cuts stemming from those expenses.

Raymond James makes surprising call on Delta Air Lines
TheStreet78d agoneutral
Raymond James makes surprising call on Delta Air Lines

Sometimes a stock does so well that Wall Street starts worrying about its price. That is roughly where Delta Air Lines (DAL) finds itself this week. Financial research firm Raymond James still likes the business, but it thinks the near-term gains have already been made after ...

Delta’s Basic Business Offers Cheaper Luxury Ticket With Fewer Perks
The Wall Street Journal78d agoneutral
Delta’s Basic Business Offers Cheaper Luxury Ticket With Fewer Perks

Delta Air Lines is betting that even travelers who want luxuries like lie-flat seats and chef-curated meals are willing to make some trade-offs for a cheaper ticket. Enter Delta’s new tier of premium tickets that include fewer checked bags, charge a fee for changes or cancellations, and provide fewer frequent-flier miles. Starting in January, those who opt for “Basic Business”—the lowest level of the airline’s Delta One international business class, won’t be able to use its special dedicated check-in lanes or visit the swanky Delta One lounges unless they have access through a credit card or a separate membership.

Airline Stocks Lose Altitude on Imperiled Ceasefire
The Wall Street Journal78d agoneutral
Airline Stocks Lose Altitude on Imperiled Ceasefire

Airline stocks and oil have traded in opposite directions the past few weeks, with carriers’ shares hitting highs as the price of oil receded. That’s reversing today, after President Trump said the ceasefire with Iran was over.