Delta Air Lines

Eric Kulisch Tuesday, October 29, 2019

Delta becomes first U.S. airline to offer door-to-door parcel delivery

Delta Air Lines [NYSE: DAL] has teamed with on-demand delivery company Roadie to launch a door-to-door, cross-country shipping service for time-critical goods such as medical equipment, and automotive and industrial parts. It is the first U.S. passenger airline to offer turnkey, round-the-clock pickup and delivery service in a segment already covered well by courier services. […]

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Eric Kulisch Wednesday, October 23, 2019

Delta borrowing $1.5 billion to pay for LATAM Airlines stake

Delta Air Lines [NYSE: DAL] is selling $1.5 billion worth of bonds to help pay for its 20% stake in South American carrier LATAM Airlines, according to a prospectus filed with the Securities and Exchange Commission Wednesday afternoon. The Atlanta-based airline announced its intent four weeks ago to form a joint venture with LATAM to […]

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Eric Kulisch Monday, October 21, 2019

Analysis: Delta-LATAM joint venture has strong cargo upside

The joint venture between Delta Airlines (NYSE: DAL) and LATAM Airlines (NYSE: LTM) proposed last month was motivated by synergies on the passenger side, but analysts also see attractive opportunities to extend cargo reach, make money and benefit shippers. Delta officials have not publicly discussed the potential to gain from each other’s cargo strengths and […]

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Eric Kulisch Wednesday, October 2, 2019

Delta projects strong 3Q despite cargo slump

[Editor’s Note: The photo has been updated to reflect a plane currently in service] Delta Air Lines’ [NYSE: DAL] cargo volume fell 10.5% in September to 167.8 million freight ton miles, in line with the year-to-date fall of 9% to 1.5 billion freight ton miles, the Atlanta-based carrier reported on Oct. 2. The company is […]

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FreightWaves Staff Friday, September 20, 2019

Kalitta may be forced to exit Schiphol airport

U.S.-based freighter operator Kalitta Air may be forced to exit service at Amsterdam Airport Schiphol, a key European hub for 15 years, over an ongoing dispute about take-off and landing slots.  Kalitta operates the only scheduled all-cargo service between Schiphol and the U.S., but its on-time performance was compromised by the U.S. military, putting it […]

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