Tag Archives: Delta

(Reuters) -Delta Air Lines Inc anticipates that the deliveries of the Boeing 737 Max 10 aircraft to the airline could be delayed until as late as 2027, Bloomberg News reported on Sunday, citing an interview with the company CEO Ed Bastian. Boeing has faced increased scrutiny following a Jan. 5 incident in which a door plug blew off a 737 Max 9 plane mid-flight, sparking fresh concerns about the certification of the already delayed MAX 10 model. The 737-10, Boeing’s largest Max plane with a… Source link

Eleven spot bitcoin (BTC-USD) ETFs kicked off trading Thursday after securing approvals on Wednesday. Investors flocked to the new crypto offerings, driving $4.6 billion in volumes on opening day. Delta Air Lines (DAL) topped fourth-quarter earnings estimates but trimmed its 2024 profit guidance on the back of lingering cost pressures. Though Delta grew revenue 12% last quarter as travel rebounded, margins continue to suffer on high operating expenses. UnitedHealth Group (UNH) shares slipped… Source link

Delta trimmed its 2024 guidance on Friday, citing higher costs and supply chain issues. Despite the short-term challenges, Delta is still better positioned than some of its competitors, according to Third Bridge Global Sector Lead Peter McNally. McNally told Yahoo Finance Live that the airline has a number of advantages, including its maintenance program, which makes them “a bit more immune” to inflationary pressures and supply issues. “This won’t be a super great year in 2024, but it will… Source link