Delta is adding Boeing 787 Dreamliner to its fleet
Digest more
Delta reported adjusted earnings per share of $1.55 on revenue of $14.6 billion in the fourth quarter. Analysts were expecting earnings of $1.53 per share on revenues of $14.7 billion in the fourth quarter, according to FactSet data.
Delta finished the year strong, thanks to its decision to prioritize high-end customers on the top arm of the K-shaped economy.
Delta Air Lines seems to be on the verge of taking the "basic economy" concept and adapting it for its high-end cabins.
The company also said it had agreed to buy 30 new Boeing 787-10 aircraft and retained an option to buy another 30. The new planes are expected to begin their arrival with Delta in 2031.
President Donald Trump’s push to cap credit card interest rates at 10% would hurt banks and lower-end consumers, Delta Air Lines Inc. Chief Executive Officer Ed Bastian said.“The knock on effects are pretty significant when you think about what seems to be a good idea to help lower income strata and bring some interest-rate relief,
It’ll be a strong year. Whether it’ll be a record year or not, I don’t know. It has the potential to be,’ Delta CEO Ed Bastian said.
This week, United States President Donald Trump turned some heads around the country when he proposed a 10% cap on credit card interest rates for one year. However, while that might sound appealing to some,