April 16, 2016 |
After seven consecutive quarters of profitability, Delta Air Lines' refinery in Trainer, Delaware County, posted a $28 million loss in the first quarter of this year. Delta did not detail on a conference call with investors Thursday why the refinery lost money, after reporting an $8 million profit in the last three months of 2015 and a $106 million profit in the third quarter last year. Oil analyst Ben Brockwell at the Oil Price Information Service, who follows the aviation industry, said Trainer went "from black to red" for a couple of reasons: Higher costs for production ingredients and lower returns on the gasoline and diesel products the refinery produces and trades in exchange for jet fuel.
December 13, 2011
US Airways Group Inc. and Delta Air Lines said Tuesday they closed a deal to swap some takeoff and landing rights at New York's LaGuardia Airport and Washington, D.C.'s Reagan National Airport. At Reagan, US Airways, the dominant carrier in Philadelphia, acquired 42 Delta slots, which translate into round-trip flights, along with international rights to fly to Sao Paulo, Brazil, in 2015. Delta will also pay $66.5 million to US Airways. In return, Delta acquired 132 slots at LaGuardia, to increase its presence in New York, where it has a hub at John F. Kennedy Airport.
March 26, 2016 |
David Langston Smyrl, 80, of Bala Cynwyd, a writer, singer, voiceover artist, and actor best known for his role on TV's Sesame Street as Mr. Handford, owner of Hooper's Store, died Tuesday, March 22, of lung cancer at Lankenau Medical Center. "He was a funny man, a good man, and he always had jokes for you," said his wife, Cheryl Pajil Smyrl. "He was loved by everyone, and very creative. " Mr. Smyrl grew up in North Philadelphia. He began his career as a coffeehouse poet in the 1960s in Greenwich Village.
July 22, 2014 |
Delta Air Lines' subsidiary Monroe Energy L.L.C. has signed a five-year agreement with a Texas-based company, Bridger L.L.C., to receive 65,000 barrels of domestic crude a day at its oil refinery in Trainer, Delaware County. The contract will supply about one-third of the crude refined daily at the former ConocoPhillips refinery, which Delta bought in 2012. The Trainer refinery supplies Delta's Northeast operations with jet fuel, the largest and most volatile expense for airlines.
August 10, 2016 |
Delta Air Lines grounded flights worldwide for nearly six hours Monday, snarling flights for hundreds of thousands during the busy summer travel season because of an equipment problem. Shortly before 9 a.m., Delta said the ground stop was lifted, and limited departures were resuming, but delays and cancellations would continue. As of 1:30 p.m., Delta said it had canceled 451 flights due to a power outage, while operating about 1,679 of its nearly 6,000 scheduled for Monday. At Philadelphia International Airport, Steven Bowles, of Allentown, arrived at 7:45 a.m. for a 10:20 a.m. Delta flight.
April 26, 2011 |
Surging fuel costs hampered US Airways Group and Delta Air Lines in the first quarter, with both airlines reporting losses Tuesday. US Airways said that traffic and revenue were up during the first three months, but that rising fuel costs, winter weather, and the Japan crisis weighed on results. Philadelphia's dominant airline posted a loss of $114 million, or 71 cents a share - more than double the $45 million loss, or 28 cents a share, a year ago. "Our first-quarter results were clearly impacted by the extremely high price of oil," said US Airways chief executive officer Doug Parker.
November 27, 2012 |
US Airways Group Inc. said Monday that Hurricane Sandy hurt October revenue by $30 million, and reduced October profit by $15 million. Philadelphia's dominant airline, transporting nearly 70 percent of air travelers, said that November earnings will be hurt by about $20 million because of the storm. The airline said given the impact on travel in the Northeast total bookings fell by 13 percent in the days leading up to, and after, the storm between Oct. 24 and Nov. 3, compared with the same period last year.
January 3, 2012
US Airways Group Inc. announced Tuesday it will begin nonstop daily seasonal summer service from Philadelphia to Salt Lake City on May 24. Additionally, US Airways will add another daily frequency on March 25 between Philadelphia and St Louis, Mo.; Nashville, Tenn., Houston; Albany, N.Y.; Bangor, Maine; and Indianapolis. Separately, US Airways announced new daily flights at Washington Reagan National airport, where it acquired some takeoff and landing rights from Delta Air Lines.
December 16, 2011
Delta Air Lines Inc. will begin four daily flights between Philadelphia and New York's LaGuardia airport on July 11 as part of an expansion in New York because it is swapping some takeoff and landing rights with US Airways Group Inc. Delta will operate flights from here to New York at 7 a.m., 10:45 a.m., 2 p.m., and 5:45 p.m., and flights leaving LaGuardia for Philadelphia at 9 a.m., 12 noon, 4 p.m., and 8:05 p.m. daily. Delta said Friday it will spend $100 million to expand LaGuardia's C and D terminals, which will be connected by a 600-foot bridge.
March 1, 2013 |
The oil refinery in Trainer owned by Delta Air Lines received its first shipment of Bakken crude oil from North Dakota on Feb. 12. The test shipment traveled in more than 100 rail cars to Albany, N.Y., where it was moved to a ship, and transported to Delta's docks in Trainer. "We are still evaluating our crude sourcing options. We don't currently have a facility to off-load from rail at Trainer," Delta spokesman Trebor Banstetter said. "If we decide to go ahead fully into the Bakken to get our crude, then we would invest in some rail facilities there, and it would come by rail all the way to the refinery.