Delta Air Lines Inc. boosted its dividend by 50 percent and authorized a $2 billion stock-buyback plan, as airlines start putting cash back into shareholders’ pockets.
Delta Air Lines Inc. and American Airlines parent AMR Corp. may help U.S. carriers report their biggest profit in three years this week, buoyed by higher fares and fuller planes.
Delta Air Lines Inc. , the world’s largest carrier, fell the most in two months in New York trading after its operating margin forecast missed some analysts’ estimates.
Delta Air Lines Inc. and UAL Corp. ’s United Airlines may lead U.S. carriers to the first quarterly profit in two and a half years as the industry benefits from cutting seats during the recession.
United Airlines parent UAL Corp. and Continental Airlines Inc. led an industry index to its biggest advance since February after Continental beat analysts’ estimates for monthly unit revenue.
Delta Air Lines Inc. and US Airways Group Inc. advanced in New York trading after reporting second- quarter earnings that exceeded analysts’ estimates, helped by declining jet-fuel prices.
U.S. airlines are canceling flights at the fastest clip in a decade as storms from blizzards to hurricanes wallop the busiest hubs, and full planes are making it harder for stranded travelers to rebook trips.
"They just took the high end down."
- Michael Derchin on Sep 03, 2014