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Stock Market & Financial Investment News

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February 4, 2014
09:03 EDTDALDelta Air Lines reports January PRASM increased 5%
Delta Air Lines reported January 2014 consolidated passenger unit revenue, or PRASM, for the month of January increased 5.0% year over year driven by continuing strong domestic demand and corporate revenue gains. As a result of recent severe weather from Winter Storm Leon, Delta cancelled nearly 4,000 flights primarily at its hub in Atlanta. January's PRASM includes 0.5% of benefit from these weather-related cancellations.
News For DAL From The Last 14 Days
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February 4, 2016
14:10 EDTDALNew Delta CEO signals no change to business plan, WSJ reports
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February 3, 2016
16:40 EDTDALDelta says CEO Anderson to be executive chairman, Bastian named CEO, West COO
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February 2, 2016
13:00 EDTDALDelta says software outage led to two dozen flight delays, CNBC reports
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09:02 EDTDALDelta Air Lines reports January PRASM down 3%
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February 1, 2016
06:41 EDTDALBrazil mulls removing foreign stake limit for airlines, Reuters reports
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January 29, 2016
16:00 EDTDALOptions Update; January 29, 2016
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06:26 EDTDALAmerican Airlines stock price too low, WSJ says
The sharp drop in oil prices has come to the benefit of the four major U.S. airline carriers, which account for approximately 80% of the domestic air-travel market, Steven Russolillo of the Wall Street Journal's Ahead of the Tape reports. United Continental (UAL) and Southwest Airlines (LUV) already reported record Q4 earnings, and Delta (DAL) recently reported a quarterly profit as well, the report says. American Airlines (AAL) is slated to reported Q4 results, which are expected to be upbeat, the Journal says. The stock prices of such companies, however, suggests that investors aren't experiencing the full benefits due to weakness with the industry's boom-and-bust nature, the report says. American Airlines's share price, in particular, is too low, and its stock has fallen too much relative to competitors ahead of quarterly results, the report says. Reference Link
January 24, 2016
16:29 EDTDALDelta resumes operations at JFK, anticipates Dulles resuming Monday morning
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