Delta Air Lines, Boeing 787 Dreamliner
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Delta Air Lines announced that it will share $1.3 billion of its 2025 profits with its employees. The payout for the average employee will be equivalent to four weeks of extra pay.
Delta finished the year strong, thanks to its decision to prioritize high-end customers on the top arm of the K-shaped economy.
The airline is reducing its AmEx credit card statement benefit, but boosting miles and status gifting ability.
During a recent interview, Delta Air Lines CEO Ed Bastian made it very clear that he believes such a move would actually hurt the very people that the plan would be designed to help. During an interview with reporters aboard Air Force One this week, Trump proposed the idea of a one-year cap on credit card interest rates at 10%.
Delta reported adjusted earnings per share of $1.55 on revenue of $14.6 billion in the fourth quarter. Analysts were expecting earnings of $1.53 per share on revenues of $14.7 billion in the fourth quarter, according to FactSet data.
Sales from Delta's premium cabin overtaking economy has made clear the bifurcation of consumer spending in America.
Delta Air Lines (DAL) is set to announce fourth-quarter earnings on Tuesday, and investors will focus on the company’s premium revenue growth, international mix, and consumer travel demand. The Atlanta-based airline is expected to post EPS of $1.
Delta Air Lines is distributing $1.3 billion to employees in profit-sharing bonuses, with thousands of workers at MSP airport getting a share.
Atlanta-based Delta Air Lines announced it had ended the year on a high note and shared some of its plans for the coming year.