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The Latest Breaking News from Ed Bastian

Best Buy CEO Corie Barry says we're in the 'funflation' economy with $1,000 Taylor Swift tickets—and it's why sales are worse than expected

The "YOLO economy" gave way to a summer of "revenge spending," and now, finally, to "funflation."

Fortune

Delta’s CEO knows he went ‘too far’ with SkyMiles membership changes

Delta Air Lines CEO, Ed Bastian, admitted the company's changes to Sky Miles and American Express card holder benefits had gone "too far."

Fortune

Tom Brady will toss passes for Delta Air Lines. The retired quarterback will be a strategic adviser

Tom Brady is putting on a Delta Air Lines uniform, at least figuratively

The Independent UK

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Delta boss to CEOs griping about workers not returning to the office: ‘They’re on my planes’

"New work patterns mean that people are traveling who in the past couldn’t because they were in an office Monday through Friday."

Fortune

3 Soaring Airline Stocks

The International Air Transport Association (IATA) raised its global airline profit outlook to $9.8 billion by year-end, more than double the previous forecast of $4.7 billion. No wonder then that the The MSCI All World Stock Index for airlines is at the highest level since June 2021, up about 20%…

StockNews.com

Delta targets millennials with Wi-Fi and boomers with pricey seats

Delta Air Lines is focusing on millennials and gen z travelers for future growth, and counting on wealthy baby boomers to pay for expensive premium tickets.

Tribune News Service

Delta to resume dividend payouts, with CARES Act restrictions lifted

Atlanta-based Delta Air Lines announced it will pay a quarterly dividend of 10 cents per share to stock owners, its first such payment since it suspended dividends at the start of the COVID-19 pandemic in March 2020.

Tribune News Service

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Delta CEO says ‘revenge travel’ is taking over America and even he’s shocked by how much: ‘$300 billion—with a B’

Revenge is a dish best served steadily over two years, peaking during summertime.

Fortune

Even one of the most progressive Fortune 500 CEOs wants to get back to business: ‘We want everybody to be flying Delta’

Ed Bastian doesn’t want to be a politician, he said on the Leadership Next podcast: “You’ve got to be very careful before you get into the dialogue.”

Fortune

Delta CEO has no regrets when it comes to standing up for voting rights in Georgia

Knowing what you and your company stand for paves the way to doing what's right—even despite enormous opposition.

Fortune

Delta's Ed Bastian became conservatives' poster boy for 'woke' CEOs. He has no regrets

Conservative commentators have criticized Bastian for ending an NRA discount and opposing a Georgia voting law.

Fortune

Memorial Day weekend travel data reflects strong demand

A bumper summer for air travel just kicked off with the Memorial Day weekend. Airlines are preparing for high demand in domestic and international trips.

Fortune

Airlines add workers as they gear up for summer travel bonanza

The summer travel season will put airlines to the test.

Axios

Delta posts record revenue, but one-time pilot payouts pinch results

Delta Air Lines posted a record $12.8 billion in revenue in the first quarter of the year, as demand for air travel soared and travelers paid more for flights and premium seats.

Tribune News Service

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Tribune News Service

Spring travel squeezing airports, airlines as summer surge looms

Anand Srinivasan was just about to check his baggage for a family spring break trip to Rhode Island, when he discovered the flight had been canceled.

Tribune News Service

Editorial: Is it time for a national no-fly list for unruly passengers?

There are places where violence can be particularly destructive. Inside a fuselage jammed with people flying at 600 mph at 30,000 feet is certainly one of them.

Tribune News Service

Delta's free WiFi, Sync platform point to more connected future

DETROIT and LAS VEGAS — Delta Air Lines Inc. on Wednesday launched free WiFi on 75% of its domestic mainline aircraft, an early step toward its overhaul of in-flight entertainment in favor of personalization and free services like Paramount+ streaming, New York Times puzzles and more.

Zenger

Airline Stocks Are Rallying In 2023, Even With Travel Chaos: What Happens Next?

The S&P 500 cash index was higher by 2.8% and some sectors were in the green by much more than that.

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WEKU

Aviation leaders call for more funds for the FAA after this week's system failure

This week's NOTAM system failure, which caused thousands of flight delays and cancelations, has airline industry leaders calling for more stable funding to upgrade antiquated FAA systems.

Tribune News Service

Delta continues path toward free Wi-Fi

ATLANTA — Delta Air Lines is moving further along its path of offering free Wi-Fi on flights, a years-long effort of testing and gradual technology upgrades.

Fortune

A strategy session in the skies: How Delta CEO Ed Bastian took the airline out of a tailspin into ‘the strongest buying in our history’

"Airlines have already been through the worst recession an industry can go through," says Bastain. During the pandemic he made several strategic shifts that have allowed Delta to roar out of the gates.

Tribune News Service

Delta preparing for 5 million passengers over Thanksgiving week

ATLANTA — Delta Air Lines is preparing to handle more than 5 million passengers over Thanksgiving week, one of the busiest travel periods of the year and what is expected to be the heaviest Thanksgiving traffic Delta has seen since the start of the pandemic.

The Guardian - UK

Richard Branson urges Heathrow not to limit Christmas flights

Strong dollar and end of Covid restrictions lead to huge boom in travel from US to UK, Virgin and Delta say

WEKU

Holiday flights will be pricey and packed. Here are 5 things to know before you book

Airlines and travel websites say that bookings for holiday travel are strong despite higher airfares, as pandemic-weary travelers seem willing to pay.

Tribune News Service

High air fares help Delta climb above fuel, payroll costs

Delta Air Lines reported a $695 million profit for the third quarter of this year, with pricey air fares bringing in record revenue that covered higher costs for fuel and payroll and then some.

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