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Delta Air Lines

NEWS
July 19, 2012 | By Mary Schlangenstein and Tim Catts, Bloomberg News
Delta Air Lines Inc. has added security to its meal production as the FBI and Dutch police investigate sewing needles found in sandwiches on four of the carrier's flights Sunday from Amsterdam to the United States. The Federal Bureau of Investigation and police at Amsterdam's Schiphol Airport said Wednesday that they have opened criminal inquiries into the matter after one person was injured on a flight to Minneapolis and single needles in sandwiches were found in two flights to Atlanta and in one flight to Seattle from the Dutch airport.
BUSINESS
April 5, 2013 | By Linda Loyd, Inquirer Staff Writer
The federal budget ax that is known as the sequester is starting to hurt the airline industry. While flights have not yet been canceled in response to the cuts, and there are not long lines at security screening in airports, including Philadelphia International, US Airways Group and Delta Air Lines said the federal spending cuts reduced March revenue due to fewer last-minute bookings. US Airways said that passenger revenue for each "seat mile" flown was flat in March compared with March 2012.
BUSINESS
March 6, 2013 | By Linda Loyd, Inquirer Staff Writer
Shares of Delta Air Lines rose 5 percent after the carrier said Monday that it expected a second-quarter profit of $75 million to $100 million at its oil refinery in Trainer. Delta also said the current quarter would be the airline's first profitable March quarter since 2000. "Running an oil refinery, much like running an airline, is not for the faint of heart," Delta president Edward Bastian told a JPMorgan conference. He said operational issues kept the refinery at 75 percent capacity in January and February.
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
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
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.
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.
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.
BUSINESS
April 26, 2013 | By Linda Loyd, Inquirer Staff Writer
SCOTTSDALE, Ariz. - US Airways Group reiterated Wednesday the importance of Philadelphia as a hub airport in the coming merger with American Airlines. Speaking at its 13th annual media day, where executives mingled with reporters to talk about the merger and put a best foot forward on what will be the world's biggest airline, US Airways president Scott Kirby said New York's John F. Kennedy International Airport, from which American does a lot of international flying, "is a great point-to-point market" for local fliers traveling between New York and destinations such as London's Heathrow Airport.
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