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Delta Air Lines

NEWS
January 4, 2014 | By Linda Loyd, Inquirer Staff Writer
The snowstorm expected late Thursday will impact travel to, from, and through the Northeast. US Airways Group, Southwest Airlines, and Delta Air Lines issued winter weather advisories. US Airways, the dominant airline at Philadelphia International Airport, is waiving change fees for travel through Jan. 8, and will extend the time limit if necessary, said airline spokesman Todd Lehmacher. Southwest, which does not charge change fees, said it is monitoring the storm as it moves through the Midwest to the Northeast, and warned travelers that scheduled flights may be delayed, diverted, or canceled.
BUSINESS
December 13, 2013 | By Linda Loyd, Inquirer Staff Writer
Delta Air Lines, which bought the former ConocoPhillips refinery in Trainer, Delaware County, to secure a steady source of discounted jet fuel, said Wednesday the refinery lost $100,000 in 2013, but is expected to be profitable next year. Although some analysts had expressed skepticism about an airline diversifying into oil refining, a capital-intensive business with low margins, Delta president Edward Bastian told investors Wednesday: "Let me be very clear. Trainer has been a great success for Delta.
NEWS
July 21, 2011 | By Linda Loyd, INQUIRER STAFF WRITER
US Airways Group Inc. and Delta Air Lines got the green light from regulators Thursday to swap some takeoff and landing rights at New York's LaGuardia and Washington's Reagan National Airports. At Reagan, US Airways - the dominant carrier in Philadelphia - will acquire 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 will get 132 slots at LaGuardia, currently used by US Airways Express flights, to increase its presence in New York, where it already has a hub at John F. Kennedy International Airport.
BUSINESS
January 24, 2012 | By Linda Loyd, Inquirer Staff Writer
Hoping a fourth try will be the charm in its effort to tie the knot with another carrier, US Airways Group Inc. is said to be analyzing a possible bid to acquire bankrupt American Airlines. Although a bid is far from certain, and likely months away, Delta Air Lines and private-equity firm TPG Capital Group also are looking at American, according to published reports. US Airways has hired Millstein & Co. to examine American, and Delta has hired the Blackstone Group, the Wall Street Journal reported earlier this month.
NEWS
June 3, 2011 | By Linda Loyd, Inquirer Staff Writer
US Airways Group Inc. and Delta Air Lines have again asked regulators for permission to swap some takeoff and landing rights at New York's LaGuardia and Washington's Reagan National Airports. US Airways would get 42 Delta slots, which translate into round-trip flights, at Reagan; international rights to fly to Sao Paulo, Brazil, in 2015; and $66.5 million in cash. In return, Delta would get 132 slots at LaGuardia, currently used by US Airways Express flights, to increase its presence in New York, where it already has a hub at John F. Kennedy International Airport.
NEWS
April 17, 2012 | By Andrew Maykuth, INQUIRER STAFF WRITER
A Delta Airlines bid to buy the idled ConocoPhillips refinery in Trainer to satisfy its enormous thirst for jet fuel appears to be gaining momentum, according to industry observers. According to reports, the Delta board of directors has endorsed a plan to bid on the refinery, one of three Philadelphia fuel-processing facilities that face closure because of poor profits. Two others are owned by Sunoco Inc. of Philadelphia, which is exiting the refining business this year altogether.
BUSINESS
June 17, 2013 | By Joseph N. DiStefano, Inquirer Staff Writer
When pro golf pitches its air-conditioned tents near Philadelphia - at the U.S. Open at Merion Golf Club, for example - Ernie Els, two-time U.S. Open champ and 2012 British Open winner, stops by the Newtown Square offices of SAP AG, the software maker that has paid him to promote its brand for the last 10 years. Heading to dinner last week with SAP bosses and clients atop the German company's sweeping, glass-walled U.S. headquarters, the tall, sandy-haired pro from South Africa and his entourage paused to admire a pair of curvaceous McLaren sports cars parked seductively outside by a dealer.
BUSINESS
July 11, 2012 | Inquirer Staff Report
IN THE REGION Retailer's shares fall on sales news Shares in Destination Maternity Corp. fell 19.6 percent Tuesday on news that the Philadelphia apparel retailer had notched lower-than-expected sales during the quarter ended June 30. Net sales of $138.8 million were below the low end of sales guidance of $142 million to $147 million issued on April 26. The same quarter a year earlier, sales were $146.7 million. The company issued new earnings guidance of 51 cents to 53 cents per share for the quarter, down from 57 cents to 70 cents forecast in April.
NEWS
July 17, 1987 | By Carl M. Cannon, Inquirer Washington Bureau
Until a month ago, Delta Air Lines enjoyed a national reputation, both inside the aviation industry and with the flying public, as a safe and efficiently operated company. Then the nightmare began. Although no lives have been lost, Delta pilots in five separate incidents have strayed off course and nearly hit another plane, landed at a wrong airport, landed on a wrong runway, nearly taken off into another airplane and almost dumped a loaded Boeing 767 into the sea by inadvertently shutting off its engines.
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