Delta Air Lines CEO Ed Bastian is reconsidering the launch of the airline's new flight route from Atlanta to Riyadh, Saudi Arabia, originally scheduled for October 23. This comes after attacks by Iran-backed Houthi rebels at Riyadh's King Khalid International Airport, which resulted in casualties and raised safety concerns. The airline plans to operate the route daily for the first week before reducing frequency, but the final decision will prioritize passenger safety. Delta will update customers soon on whether the flights will proceed as planned.
Delta Air Lines shares are trading at USD 78.33 as of Oct 09, 2026 18:12 WIB, down 4.63% on the day, moving closer to its 52-week low of USD 55.65 rather than its 52-week high of USD 93.66. This decline contrasts with a strong buyer interest on Pluang, where 76% of order activity favors buying. The stock's market cap stands at $54.02 billion, with a dividend yield of 1.05%, reflecting ongoing investor attention despite recent operational uncertainties.
Delta Air Lines missed earnings expectations and lowered its full-year profit forecast due to a 60% surge in jet fuel costs linked to the Iran war. However, the airline kept its adjusted pretax profit roughly flat by raising fares and boosting revenu...
Southwest Airlines experienced a temporary grounding of flights due to a widespread IT outage affecting its vendor Amadeus, which handles booking, check-in, and baggage systems. The outage caused long lines, check-in failures, and app issues across m...
Delta Air Lines reported Q3 earnings with revenue of $20.20 billion, surpassing estimates, but earnings per share missed at $1.72 due to higher fuel costs. The airline lowered its 2026 adjusted earnings forecast to $5.10-$5.60 per share and free cash...
Delta Air Lines lowered its full-year profit forecast due to a $6 billion increase in jet fuel costs driven by the ongoing Iran war. Despite Elon Musk's viral joke about Delta's Wi-Fi, the airline's financial challenges stem from soaring fuel prices,...
Delta Air Lines reported a 3% drop in shares after missing Q3 earnings expectations due to a 62% jump in fuel costs. The airline cut its full-year profit and cash flow forecasts, citing rising fuel expenses expected to continue next quarter. Despite ...
