Delta Air Lines sees fourth-quarter net profits plunge hit by a 30% jump in pilot salaries
Delta said the profit decline stemmed from the recent agreement it struck with its 13,000 pilots, granting them a 30% salary hike by 2019.
Company
Delta Air Lines Inc
NYSE:DAL
Delta Air Lines Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the globe. The company's segments include Airline and Refinery. Delta Air Lines has hubs and market presence in Amsterdam, London-Heathrow, Mexico City, Paris-Charles de Gaulle and Seoul-Incheon.
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US stocks pare losses borne out of Trump speech
US stocks pared losses into the Thursday close, but by any reckoning it was still a grubby session
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Trending: Will the Trump rally hit a stump in 2017?
London stocks enjoyed a record high end to 2016 and Wall Street has had a rally for 6 weeks but are the signs out there that things will moderate in 2017?
US stocks sag but Kate Spade rockets
US stocks dropped on Wednesday, like the hangover after a good party, with the Dow slipping even further from reaching the 20,000 level this year
Trending: The burning question on National Taco Day
Chipotle tries to lure customers back with its new chorizos tacos
Delta struggles to take off after computer crash
Delta Air Lines, carrying too much baggage as it tries to recover its reputation for punctuality after a computer crash caused the cancellation of about 2,300 flights last month, said on Friday the outage hit revenues by $100mln
Healthy oil rise keeps markets afloat, helps energy stocks
Investors cautious on Monday following a burst of optimism
US markets ease back from record levels
A strong non-farm payrolls number eased some concerns in the market over the health of the US economy.
US big stocks fail to deliver a record week, but small-caps make history
US stocks pared losses on Friday despite geopolitical risks, and although they were unable to deliver the best Monday-to-Friday of record-breaking gains since 1998, still they yielded the third successive week of gains
US shares dip as travel stocks hurt following Nice resort attacks
Wall Street shares gave back initial gains by midsession on Friday as travel stocks were among the most bruised following a terror attack on the Nice resort in France overnight
Wall St stocks end lower after weaker-than-expected jobs report, lower oil prices
US stocks closed lower Friday, weighed down by poorer-than-expected non-farm payrolls and downbeat oil prices
US stocks drop after poorest NFP since Sept 2010
US stocks, blue-chip and small-cap, fell at midsession on Friday after the most disappointing non-farm payrolls report in six years
Stocks plunge after shocker of a jobs report
The weakest jobs figures since the summer of 2011 seems to have put the kibosh on any prospect of a June rate hike
US stocks plunge after shocker of a jobs report
The weakest jobs figures since the summer of 2011 seems to have put the kibosh on any prospect of a June rate hike
US stocks plunge after shocker of a jobs report
The weakest jobs figures since the summer of 2011 seems to have put the kibosh on any prospect of a June rate hike
Delta Air Lines Q3 profit beats on low fuel costs
The U.S. carrier benefits from the rout in global crude markets.
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U.S. Risers/Fallers: BofA, BlackRock, Delta Air, TripAdvisor, Dollar General, Wells Fargo, CSX, PNC
Mixed reaction to the trading updates from the banking giants
Wall Street sinks as China selloff raises concerns on global growth
U.S. stocks slumped today, with equities headed for their longest losing streak since January, following the sharpest drop in Chinese stocks in eight years, on worries cooling growth in the world's second-largest economy would hurt it