#delta-air-lines

#delta-air-lines

United reported Q3 revenue of $15.23 billion, missing estimates of $15.29 billion but growing 2.6% year over year. Premium cabin revenue jumped 6% while basic economy climbed 4%. Cargo rose 3% and the loyalty program expanded 9%. Net income of $949 million declined 1.7% from the prior year, and adjusted EPS of $2.78 beat estimates of $2.67 by 4.1%. CEO Scott Kirby highlighted investments exceeding $1 billion in customer experience, including Starlink installations and enhanced inflight entertainment.

In a major turnaround from years of criticizing government-subsidized Gulf carriers, Delta Air Lines is further deepening its ties with a new, state-run airline. On Monday, Delta announced a new nonstop route between Atlanta and Riyadh, Saudi Arabia, set to begin in October 2026. The 7,000-mile flight - the first-ever by a US airline - will be operated with Delta's premium-heavy Airbus A350-900 featuring business class, premium economy, and coach.

"We can now say that our network is not just built for our most loyal customers, but by them," said Paul Baldoni, Delta's senior vice president of network planning.

"before I stepped foot on an airplane."

Delta Air Lines has agreed to a $78.75 million class-action settlement with Los Angeles County residents whose homes, schools and properties were doused with jet fuel when a Delta Boeing 777 dumped 15,000 gallons over a populated area in January 2020. The settlement, filed in the U.S. District Court for the Central District of California, includes a $78.75 million compensation fund along with a technical testing program intended to address claims that the fuel drop hurt local property values due to stigmas of contamination.

On Jan. 20, 2020, Delta Flight 89 took off from Los Angeles International Airport en route to Shanghai with 149 passengers for what is typically a 13-hour nonstop flight. That voyage, however, lasted only 25 minutes due to a plane malfunction, forcing the pilot to turn the aircraft around over the Santa Monica Bay and head back toward the airport.

A New York law firm brought the cases as proposed class actions on behalf of any passengers who say they wouldn't have selected or paid more for their reserved places if they had known the seats did not include a window. We have received a flood of interest from passengers who feel they have been harmed by this practice and who wish to join the lawsuits, the Greenbaum Olbrantz firm said in a statement. It makes sense that people are upset.

Delta Air Lines experienced a significant recovery in its financial performance, posting record revenues of $15.5 billion for the second quarter, with pre-tax profits of $1.8 billion.

Delta Air Lines has rebranded its fare categories, phasing out the term basic economy, now called Delta Main Basic, to enhance customer clarity and choice.

"Delta, Korean and Air France-KLM are among the world's most prominent and best-managed airlines," Tawfiq Popatia, co-head of Onex Partners, said in a statement.

The luxury private aviation company recently underwent a sleek fleet modernization overhaul and has joined forces with Delta, offering hybrid travel options for convenience.