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Found 7 results

  1. Staff Writer May 7, 2020 6:12pm Delta Air Lines and LATAM Airlines Group and its affiliates have signed a trans-American Joint Venture Agreement that, once regulatory approvals where required are granted, will combine the carriers’ highly complementary route networks between North and South America, providing customers with a seamless travel experience and industry-leading connectivity. “Late last year, we set out to build the leading strategic alliance in Latin America together with LATAM, and while the industry landscape has changed, our commitment to this joint venture is as strong as ever,” said Delta CEO Ed Bastian. “Even as our carriers contend with the impact of COVID-19 on our business and take steps to protect the safety of our customers and employees, we are also building the airline alliance we know they’ll want to fly in the future.” “While we remain focused on navigating the COVID-19 crisis and protecting the safety and well-being of our passengers and employees, we also have to look to the future to ensure the best possible customer experience and support the long-term sustainability of the group,” said Roberto Alvo, CEO, LATAM Airlines Group. “Our bilateral strategic alliance with Delta remains a priority and we firmly believe that it still promises to offer customers the leading travel experience and connectivity in the Americas.” Since September 2019, Delta and LATAM have achieved various milestones in their framework agreement with customer benefits including: Codeshare agreements between Delta and LATAM’s affiliates in Peru, Ecuador, Colombia and Brazil that allow customers to purchase flights and access onward destinations in their respective networks and will be expanded to cover long-haul flights between the United States/Canada and South America, as well as regional flights. Delta and LATAM’s affiliates in Chile and Argentina also plan to sign codeshare agreements in the coming weeks. Frequent flyer benefits: Delta SkyMiles members can earn and use miles on LATAM flights, while LATAM Pass members can earn and use miles on Delta flights across their respective networks. Reciprocal top tier loyalty recognition is expected to be available during June 2020. Smoother connections at hub airports: Customers can easily connect between Delta and LATAM flights in hub airports where the carriers have collocated, including Terminal 4 at John F. Kennedy International Airport (New York City) and Terminal 3 at São Paulo’s Guarulhos Airport. Mutual lounge access: Eligible LATAM customers can access the Delta Sky Club in New York-JFK and eligible Delta customers can access LATAM’s lounge in Bogota/BOG. Expanded reciprocal lounge access at airports throughout the Americas is planned for June 2020. For more information, visit delta.com/us/en/airline-partners/latam or latam.com/en_us/about-us/latam-delta-alliance/
  2. Delta Air Lines acquires 4.3% equity stake in Hanjin KAL June 21, 2019 Delta Air Lines acquired (20-Jun-2019) a 4.3% equity stake in Hanjin KAL, a Korean Air shareholder. Delta Air Lines CEO Ed Bastian stated Delta’s partnership with Korean Air is “already one of our fastest-integrating and most successful partnerships”, adding the new investment is expected to “further strengthen our relationship as we continue to build on the value of the joint venture”. He noted the carrier has a “vision to deliver the world’s leading trans Pacific joint venture” with Korean Air, delivering the “strongest network, the best service and the finest experience connecting the US with Asia” https://blueswandaily.com/delta-air-lines-acquires-4-3-equity-stake-in-hanjin-kal/ _______________________ Como o mundo dá voltas, KE e DL mal tinham acordos na Skyteam, e hoje são sócias. Depois da falência da Hanjin Shipping e que afetou a Korean Air, a família do Chaebol teve que engolir a seco o orgulho e correr para salvar o restante do império.
  3. Da mesma forma que os Boeing 727-200 e 737-200 saíram das majors após o 11/09, agora será a vez dos Mad Dogs e do 757. DELTA AIR LINES TO RETIRE MD-88, MD-90 AIRCRAFT IN JUNE MIAMI – Earlier than it had been planned in its retirement schedule, Delta Air Lines (DL) announced that it would withdraw MD-88 and MD-90 from its fleet in an effort to reduce its capacity systemwide. The airline had already reduced about half of its active aircraft due to the COVID-19 crisis. As a result, around 600 mainline and regional aircraft were parked. REASONS BEHIND BOTH RETIREMENTS To grapple with the current crisis, the carrier first halted air passenger operations, storing the MD-88 and MD-90 types. But as the negative impact is now worse than previously expected, DL is considering early retirements of older and less efficient aircraft such as the MD-80/90 fleet. Both models were operated in the carrier’s domestic network prior to travel restrictions and were expected to remain active throughout 2020. The MD-88 was previously scheduled to be fully retired at the end of 2020 as it has an average age of 29 years. The withdraw has been progressive in the last two years as the airline had 116 aircraft in 2017, reducing its fleet to 47 in 2019. Regarding the MD-90, the company has 29 in its fleet and their retirement deadline was not expected before 2022. This MD-90 fleet has an average age of 23 years. According to Air Insight’s Decision Analytics, the maintenance of MD-88 had the highest average cost per hour of the airline at US$457, closely followed by the maintenance of MD-90 at US$456. Delta continues evaluating additional aircraft retirements to focus on modern fleets, in this case, with more efficient performance and fewer related costs per operation. https://airwaysmag.com/airchive/dl-dismiss-md-88-md-90-aircraft-june/
  4. April 28, 2020 Delta Air Lines CEO Ed Bastian stated (22-Apr-2020) the carrier will have an opportunity to focus “on a more premium experience and getting paid for what we deliver” in the future, as there “will be fewer airplanes flying in the skies for an extended period of time”. He noted the carrier has also begun to have cash sales equal cash refunds, compared to approximately 30 days ago when it was “overwhelmed by the amount of cash refunds relative to new cash sales coming in”. https://blueswandaily.com/delta-air-lines-cash-sales-beginning-to-equal-cash-refunds-ceo/
  5. 02-Dec-2019 7:37 PM Las filiales del Grupo LATAM en Perú, Colombia y Ecuador firmaron acuerdos de código compartido con Delta, con entrada en vigencia para el primer trimestre de 2020. LATAM pondrá fin formalmente a sus acuerdos de código compartido con American Airlines el 31 de enero de 2020. LATAM Airlines Group (“LATAM”) anunció hoy que sus filiales LATAM Airlines Perú, LATAM Airlines Colombia y LATAM Airlines Ecuador firmaron acuerdos de código compartido con Delta. Estos códigos compartidos brindarán mayor conectividad hacia Estados Unidos a partir del primer trimestre de 2020 (sujetos a las aprobaciones regulatorias según corresponda). Los nuevos códigos compartidos representan el primer paso del acuerdo entre LATAM y Delta, anunciado el 26 de septiembre de 2019, que combinará las redes de destinos altamente complementarias de los dos grupos, proporcionando a los clientes una experiencia de viaje líder con una mayor conectividad a destinos en todo el mundo. LATAM y Delta están trabajando en una transición fluida que incluye el fortalecimiento de su acuerdo interlínea ya existente, el establecimiento de acuerdos que permitan el acceso recíproco a sus salones VIP y beneficios mutuos de viajero frecuente, al igual que el desarrollo de nuevos acuerdos bilaterales de código compartido. Los tres acuerdos de código compartido firmados hoy (2 de diciembre de 2019) con Delta ofrecerán a los clientes de LATAM la posibilidad de acceder a hasta 74 destinos en Estados Unidos y Canadá, abriendo además hasta 51 destinos para los pasajeros de Delta en Sudamérica*. A partir del primer trimestre de 2020: El código "LA" de LATAM Airlines Perú será incorporado a los vuelos de Delta a hasta 74 destinos en Estados Unidos y Canadá más allá de sus puntos de origen en Nueva York (JFK), Miami (MIA), Los Ángeles (LAX) y Orlando (MCO). Asimismo, el código "DL" de Delta se agregará a los vuelos de LATAM Airlines Perú a hasta 34 destinos en Perú y Sudamérica más allá de Lima (LIM). El código "DL" de Delta se añadirá a los vuelos de LATAM Airlines Colombia a hasta 13 destinos en ese país más allá de Bogotá (BOG) y Cartagena (CTG). El código "LA" de LATAM Airlines Ecuador se incluirá en los vuelos de Delta a hasta 55 destinos en Estados Unidos y Canadá más allá de Nueva York (JFK). Del mismo modo, el código "DL" de Delta se agregará a los vuelos de LATAM Airlines Ecuador a hasta cuatro destinos en Ecuador más allá de Quito (UIO). “Estos códigos compartidos marcan un hito importante en el trayecto de LATAM hacia ofrecer la mejor conectividad y experiencia de cliente en las Américas. Pronto, nuestros pasajeros podrán acceder a hasta 74 destinos en Estados Unidos y Canadá, lo que es sólo un ejemplo de la naturaleza complementaria de nuestras redes y uno de los varios beneficios futuros que traerá el acuerdo estratégico con Delta", dijo Enrique Cueto, CEO de LATAM Airlines Group. LATAM también planea establecer acuerdos de código compartido entre Delta y sus filiales en Chile y Brasil en 2020*, ofreciendo aún más conectividad entre Sudamérica y Estados Unidos. Fin de los acuerdos de código compartido con American Airlines LATAM pondrá término formalmente a todos sus acuerdos de código compartido con American Airlines el 31 de enero de 2020. Los clientes que hayan comprado boletos de American Airlines a través de LATAM antes de esta fecha para vuelos desde el 1 de febrero de 2020 en adelante tendrán derecho a los mismos servicios, sin cambios a sus condiciones de viaje o pasajes. Los acuerdos entre LATAM y American Airlines de viajero frecuente y acceso recíproco a los salones VIP se mantendrán vigentes hasta que LATAM deje oneworld. Salida de la alianza oneworld LATAM informó en septiembre de 2019 a oneworld y a sus socios de la alianza que dejaría oneworld dentro de un año, en línea con el plazo de aviso estándar. La compañía está evaluando una fecha de salida anticipada y cualquier cambio se comunicará oportunamente. Luego de su salida de oneworld, LATAM mantendrá sus acuerdos bilaterales con la mayoría de las aerolíneas de oneworld. Antecedentes del acuerdo anunciado el 26 de septiembre de 2019: ● Delta invertirá US$1.9 mil millones por una participación del 20% de LATAM a través de una oferta pública con un precio de US$16 por acción. La oferta pública se lanzó el 27 de noviembre de 2019 y durará 30 días. ● Delta también invertirá US$350 millones para apoyar la creación de la alianza estratégica contemplada en este acuerdo. ● Delta adquirirá cuatro aeronaves Airbus A350 de LATAM y ha acordado asumir los compromisos de compra de LATAM por 10 A350 adicionales con fecha de entrega a partir de 2020 al 2025. ● Delta tendrá representación en el Directorio de LATAM. ● La alianza estratégica está sujeta a todas las aprobaciones gubernamentales y regulatorias necesarias. *Sujeto a las aprobaciones regulatorias según corresponda. This press release was sourced from LATAM on 01-Dec-2019. https://centreforaviation.com/members/direct-news/latam-anuncia-nuevos-acuerdos-de-cdigo-compartido-con-delta-504560
  6. Delta Air Lines’ Q2 results beat market estimates July 11, 2019 Delta Air Lines (NYSE: DAL) reported better-than-expected revenue and earnings for the second quarter of 2019, allowing shares to climb 2.2% in premarket hours on Thursday. The consensus estimate was for earnings of $2.24 per share on revenue of $12.4 billion. Total operating revenue of $12.5 billion was up 6.5% from the same period last year. On an adjusted basis, revenues grew 8.7%, helped by a 10% increase in premium product ticket revenue and double-digit percentage increases in loyalty and third-party maintenance revenue. On a GAAP basis, net income grew 39% to $1.4 billion and EPS grew 48% to $2.21. Adjusted EPS grew 32% to $2.35. Total revenue per available seat mile (TRASM) grew 1.6% year-over-year on a GAAP basis and 3.8% on an adjusted basis. Consolidated unit cost (CASM) was down 1.5% on a GAAP basis and up 1.4% on an adjusted basis. During the quarter, Delta saw revenue increases across all its geographic regions helped mainly by higher passenger unit revenue and capacity. For the third quarter of 2019, Delta expects EPS to come in the range of $2.10-2.40. Adjusted TRASM is expected to grow 1.5-3.5% year-over-year while CASM-Ex is projected to rise 1-2%. System capacity is expected to be up around 4% from the same period last year. Based on the strong first half performance, the company raised its full-year 2019 EPS guidance to a range of $6.75-7.25. Delta increased its quarterly dividend by 15% to $0.4025 per share. The dividend is payable on August 15, 2019 to shareholders of record on July 25, 2019. https://news.alphastreet.com/delta-air-lines-earnings-q2-2019/
  7. 12-Apr-2019 12:59 AM Delta Air Lines CEO Ed Bastian reported (10-Apr-2019) the airline's high revenue premium in 1Q2019 was due to a domestic net promoter score of 50%, adding 55% of the airline's revenue is now sourced through its premium products and non ticket sources, compared to 40% in 2011. He also noted the airline grew its operating margin by 1.5% in 1Q2019. The airline had its "best March quarter" completion factor in 1Q2019, he mentioned, with the airline recording a completion factor of 99.06% in "very difficult winter weather". https://centreforaviation.com/news/delta-air-lines-ceo-55-of-revenue-now-from-premium-products-non-ticket-sources-895551
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