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Delta Air Lines Inc

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  • *China Eastern Airlines falls after Delta agrees to buy stake. HONG KONG, July 28- China stocks were lower by midday on Tuesday, in volatile conditions, even as Beijing pledged to lend further support after stocks sank 8 percent in the previous session, raising concerns about stability in the world's second-biggest economy. They prefer to stay away from the market...

  • NEW YORK— Delta said it will pay $450 million to buy a stake in China Eastern Airlines as the Atlanta- based airline seeks to expand into China's fast-growing travel industry. And in April, Delta moved its operations in Shanghai's Pudong Airport to the same terminal as China Eastern and its subsidiary Shanghai Airlines. Shares of Delta Air Lines Inc. slipped 17...

  • WASHINGTON, July 24- U.S. authorities are investigating possible price gouging by four U.S. airlines while train service was disabled between New York and Washington after a deadly Amtrak crash in Philadelphia in May, the Transportation Department said on Friday. Transportation Secretary Anthony Foxx said the investigation involved Delta Air Lines Inc,...

  • WASHINGTON— Transportation Secretary Anthony Foxx said Friday the government has opened a price-gouging investigation involving five airlines that allegedly raised airfares in the Northeast after a deadly Amtrak crash in Philadelphia in May disrupted rail service. The Transportation Department sent letters on Friday to Delta, American, United,...

  • July 24- A power outage early Friday at New York's LaGuardia International Airport has delayed a number of flights, according to a spokesperson at the Port Authority of New York& New Jersey, which runs the airport. The official said the Federal Aviation Administration was reporting delays of about two hours for Delta Air Lines, "and 45 cancellations for Delta at...

  • NEW YORK— Delta Air Lines flights are resuming at LaGuardia Airport's Terminal C after an hourslong power outage resulted in dozens of cancellations. Steve Coleman, a spokesman for the Port Authority of New York and New Jersey, which runs the region's airports, says power went out at 4:30 a.m. when a contractor accidentally cut two electric feeders.

  • U.S. airlines return to fuel hedging, get burned again Thursday, 23 Jul 2015 | 6:46 PM ET

    Southwest Airlines Co and United Continental Holdings Inc have added new hedges against a rise in oil prices just months after bets last year cost them hundreds of millions of dollars. "We were concerned that market prices would continue to escalate, so we did add some positions for the second half of this year," Southwest's Chief Financial Officer Tammy Romo...

  • Southwest Airlines and United Airlines posted record second-quarter earnings on Thursday even though Southwest's revenue grew just 2 percent and United's declined from a year ago. Southwest Airlines Co. earned a record $608 million in the second quarter— a 31 percent increase from a year ago, and the airline's ninth straight record-profit quarter.

  • July 23- United Continental Holdings Inc on Thursday forecast a drop in unit revenue and trimmed plans for capacity growth as the U.S. dollar weighs on demand abroad, but it announced new share buybacks because its profit continues to rise. "Management appears concerned about the decline in unit revenue and is being responsive to weaker demand in some markets,"...

  • July 23- United Continental Holdings Inc on Thursday forecast a drop in unit revenue and trimmed plans for capacity growth as the U.S. dollar weighs on demand abroad, but it announced new share buybacks because its profit continues to rise. Shares rose more than 2 percent in pre-market trade on news of United's plans to buy back $3 billion of its stock.

  • Brazil regulator approves Delta Air Lines, Gol deal Thursday, 23 Jul 2015 | 8:09 AM ET

    SAO PAULO, July 23- Brazil's antitrust watchdog Cade approved with no restrictions a $446 million agreement between U.S. carrier Delta Air Lines Inc and Brazil's Gol Linhas Aereas Inteligentes SA to expand their alliance. Under the deal announced earlier this month, Delta will increase its share in Gol to about 10 percent from its current 3 percent as the...

  • Pilots' union leader at Delta to step down in September Wednesday, 22 Jul 2015 | 5:00 PM ET

    ATLANTA— The head of the pilots' union at Delta Air Lines is resigning. Donatelli's decision comes less than two weeks after members of the Air Line Pilots Association rejected a Delta contract offer that union leaders had narrowly endorsed. "It is time for the pilots of Delta Air Lines to unify," Donatelli said in a letter to the airline's 12,000 pilots.

  • July 22- Command Security Corp employees who work at New York's John F. Kennedy International Airport and LaGuardia Airport have called off plans to strike on Wednesday, the 32 BJ SEIU service workers union said. According to the union, Command Security Corp threatened to fire workers who were organizing for higher wages and benefits via union representation.

  • July 22- Command Security Corp employees who work at New York's John F. Kennedy International Airport and LaGuardia Airport have suspended plans to strike on Wednesday, the 32 BJ SEIU service workers union said. The security services provider has reached an agreement with employees that had planned to strike, according to Juan Chapman, a worker at the airport.

  • Why Apple is one of many buyback monsters Wednesday, 22 Jul 2015 | 10:18 AM ET
    Apple Store employees fill orders of the new iPhone 6 in Palo Alto, California.

    The stock buyback craze has continued into the second quarter, and the cumulative effect of that craze is really mounting.

  • Over 1,000 NYC airport workers set to strike Tuesday, 21 Jul 2015 | 12:12 PM ET
    Aircraft crew and airport employees walk through the airport inside terminal 4 at John F. Kennedy International Airport in New York. Airport employees plan to go on strike on Wed. July 22, 2015.

    Over 1,000 subcontracted airport workers at New York City's two major airports plan to strike starting Wednesday night.

  • Officials with Local 32 BJ of the Service Employees International Union said picketing would begin at Kennedy Airport at 10 p.m. Wednesday and at LaGuardia at 6 a.m. Thursday. Craig Coy, the CEO of its parent company, Herndon, Virginia- based Command Security Corp., said there would be a contingency plan in place but he did not expect most employees to participate in...

  • Delta plans to radically change its SkyMiles program Tuesday, 21 Jul 2015 | 6:52 AM ET
    Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York.

    Delta Air Lines will radically change its SkyMiles frequent flier program next year.

  • How to nab travel deals as competition shrinks Sunday, 19 Jul 2015 | 9:00 AM ET
    Virgin America plane in flight

    With vacation season underway, where can consumers find the best travel deals: at online travel sites, or directly from airlines?

  • Delta causes more headaches with Skymiles changes Thursday, 16 Jul 2015 | 7:11 AM ET
    Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York.

    It's been a few months, so Delta decided it was about time to make even more changes to its recently revised SkyMiles program.