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Elon Musk Chimes In As Delta Picks Amazon Leo Over Starlink: They Wanted To Make It 'Painful, Difficult And Expensive'
Benzinga92d agoneutral
Elon Musk Chimes In As Delta Picks Amazon Leo Over Starlink: They Wanted To Make It 'Painful, Difficult And Expensive'

Elon Musk said Delta Air Lines Inc. (NYSE:DAL) passed on integrating SpaceX's Starlink internet because the carrier wanted passengers to use a branded login portal, while Starlink insisted on a seamless connection that works without one. Musk Says Delta Wanted A Portal Musk responded on X to a post by Tesla Inc. (NASDAQ:TSLA) investor Sawyer Merritt about Delta's decision, writing, "SpaceX requires that there be no annoying ‘portal' to use Starlink. Starlink WiFi must just work effortlessly ever

Another low-cost airline furloughs staff over fuel costs
TheStreet93d agoneutral
Another low-cost airline furloughs staff over fuel costs

With oil prices sitting at $100 per barrel for weeks over the war with Iran, airlines have been forced to make long-term decisions over what many initially hoped would be a temporary ebb. Airlines such as Delta, United, Virgin, Air France, Air Canada and Lufthansa have all had to axe multiple ...

ITC Probe Puts Joby Delta Partnership And US eVTOL Plans At Risk
Simply Wall St.93d agoneutral
ITC Probe Puts Joby Delta Partnership And US eVTOL Plans At Risk

Delta Air Lines has warned that a US International Trade Commission investigation into Joby Aviation could threaten their eVTOL partnership. The probe centers on Archer Aviation’s patent infringement allegations against Joby and could result in Joby’s aircraft being removed from the US market. The investigation introduces an additional layer of legal and regulatory risk for Joby Aviation’s commercialization plans. For investors tracking Joby Aviation (NYSE:JOBY), this ITC case lands at a...

Assessing Delta Air Lines (DAL) Valuation As Conflicting Fair Value Narratives Emerge
Simply Wall St.94d agoneutral
Assessing Delta Air Lines (DAL) Valuation As Conflicting Fair Value Narratives Emerge

Delta Air Lines (DAL) has drawn investor attention after recent share price moves, with the stock last closing at US$71.20. Readers are weighing this valuation against the company’s scale, profitability, and recent return profile. See our latest analysis for Delta Air Lines. Despite a recent 1-day share price return that fell 2.9%, Delta’s 1-month share price return of 4.98% and 1-year total shareholder return of 40.93% point to momentum that has cooled slightly after a strong multi year run...

Stocks Settle Higher on Strong Earnings
Barchart94d agoneutral
Stocks Settle Higher on Strong Earnings

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

Bernstein Hikes Delta Air Lines Price Target to $88 on Better Fuel Insulation
24/7 Wall St.95d agoneutral
Bernstein Hikes Delta Air Lines Price Target to $88 on Better Fuel Insulation

Bernstein raised its price target on Delta Air Lines (NYSE:DAL) to $88 from $81, reiterating an Outperform rating on the carrier. The firm’s thesis centers on Delta’s superior “fuel insulation,” a structural edge that matters more as oil prices remain elevated. For prudent investors, the price target raise signals that Wall Street views Delta stock ... Bernstein Hikes Delta Air Lines Price Target to $88 on Better Fuel Insulation

Farewell, Ultra-Cheap Flights. What Spirit’s Demise Means for You—and Airline Stocks.
Barrons.com96d agoneutral
Farewell, Ultra-Cheap Flights. What Spirit’s Demise Means for You—and Airline Stocks.

Picture an excessively mobile middle-class family that does almost nothing but drive, traveling from New York City to Los Angeles and back again each week. Spirit Airlines recently succumbed. At the same time, the strongest airlines—including Delta Air Lines United Airlines Holdings and some of the rest now doing their best impressions of these two—could benefit from present turmoil and generate healthy stock returns for years.

Airline cancels flights to Canada over fuel costs
TheStreet96d agoneutral
Airline cancels flights to Canada over fuel costs

With jet fuel prices sitting at prices that are nearly double what they were before the U.S.-Israeli strike on Iran, almost every major global airline has trimmed its flight network to prioritize high-traffic routes and cut any underperforming ones. Lufthansa has cut more than 20,000 flights from ...

Delta Air Lines Reworks Costs And Service As Spirit Exit Reshapes Competition
Simply Wall St.97d agoneutral
Delta Air Lines Reworks Costs And Service As Spirit Exit Reshapes Competition

Delta Air Lines (NYSE:DAL) is adjusting its operations in response to higher jet fuel costs linked to geopolitical tensions. The company is reacting to industry disruption following the collapse of Spirit Airlines and the resulting shake-up in US capacity. Delta plans to end free snacks and drinks on flights under 350 miles, signaling a change in its short haul in flight service model. For you as an investor, NYSE:DAL now sits at the center of several industry shifts at once. Delta runs a...

At least some airlines banned from deceptive fee practice, court rules
TheStreet97d agoneutral
At least some airlines banned from deceptive fee practice, court rules

With jet fuel prices continuing to sit at historic highs amid the war in Iran and closure of the Strait of Hormuz, almost all airlines have had to adjust their flying networks and make changes to adapt. Larger ones, such as Delta Air Lines, Lufthansa, and Air France, have collectively cut hundreds ...

You’re Going to Miss Spirit Airlines. Why Cheap Flights Are Going Extinct.
Barrons.com98d agobearish
You’re Going to Miss Spirit Airlines. Why Cheap Flights Are Going Extinct.

Picture an excessively mobile middle-class family that does almost nothing but drive, traveling from New York City to Los Angeles and back again each week. Spirit Airlines recently succumbed. At the same time, the strongest airlines—including Delta Air Lines United Airlines Holdings and some of the rest now doing their best impressions of these two—could benefit from present turmoil and generate healthy stock returns for years.