Ed Bastian

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

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Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights. United Airlines “as an airline and as an industry” will carry record … 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 CEO Ed Bastian said bookings for both leisure and business travel are strong … 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 is seen lining up before departure at Princess Juliana International Airport in St. Maarten. 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 … Read more

Delta Air Lines (DAL) Q4 2023 earnings

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Airbus A330neo widebody aircraft meant for Delta Air Lines being tested in Toulouse, France. Nurphoto | Nurphoto | Getty Images 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 … Read more