Delta Air Lines, Inc. – Company Information
Delta Air Lines, Inc. is an American airline, based in Atlanta, Georgia, that focuses on providing domestic and international air transportation for passengers and cargo.
Delta Air Lines, Inc. provides its service to around 165 million customers each year – with more than 4,900 daily flights.
The company has an extensive global route network, centered around its system of hubs and international gateway airports, distributing traffic to 322 destinations in 59 countries (596 destinations in 116 countries including worldwide partners).
It has a fleet of over 700 aircrafts, which are primarily manufactured by Boeing, Airbus, and McDonnell Douglas.
Delta’s hubs are located in Amsterdam, Atlanta, Cincinnati, Detroit, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita.
America’s oldest surviving airline
It is the oldest American airline still operating in the United States. Its history traces back to an aerial crop dusting operation, called Huff Daland Dusters, which was incorporated in Macon, Georgia, in 1924. It was renamed “Delta Air Service” in 1928 and a year later the company began carrying passengers.
The company is a founding member of the SkyTeam global alliance, which allows Delta to link its network with the route networks of the other member airlines. Other members of SkyTeam are Aeroflot, Aerolineas Argentinas, Aeroméxico, Air Europa, Air France, Alitalia, China Airlines, China Eastern, China Southern, CSA Czech Airlines, Kenya Airways, KLM, Korean Air, Middle East Airlines, Saudi Arabian Airlines, Tarom, Vietnam Airlines and Xiamen Airlines.
Delta Air Lines, Inc. also operates trans-Atlantic joint ventures with Air France-KLM, Alitalia, and Virgin Atlantic.
The company is publicly listed on the New York Stock Exchange (NYSE) under the stock ticker symbol ‘DAL’.
- CEO: Richard H. Anderson
- President: Edward H. Bastian
- Chairman: Daniel A. Carp
- CFO: Paul A. Jacobson
- Type: Public
- Industry: Airline
- Publicly listed on the New York Stock Exchange (NYSE)
- NYSE stock ticker symbol: DAL
- S&P 500 Component
- Revenue: $37.773 billion USD (2013)
- Net income: $10.540 billion USD (2013)
- Diluted earnings per share: $12.29 USD (2013)
- Founded: 1924
- Employees: 77,755 (2013)
- Corporate headquarters: 1030 Delta Boulevard, Atlanta, GA 30354-1989, USA
- Corporate contact number: (404) 715-2600
- Investor relations contact number: 404-715-2170
- Investor relations email address: [email protected]
- Website: http://www.delta.com/
|Net Sales and Revenues (in $ millions)||2013||2012|
|Regional carriers revenue||$6,408||$6,581|
|Total operating revenue||$37,773||$36,670|
|Costs and Expenses (in $ millions)|
|Aircraft fuel and related taxes||$9,397||$10,150|
|Salaries and related costs||$7,720||$7,266|
|Regional carrier expense||$5,669||$5,647|
|Aircraft maintenance materials and outside repairs||$1,852||$1,955|
|Depreciation and amortization||$1,658||$1,565|
|Passenger commissions and other selling expenses||$1,603||$1,590|
|Landing fees and other rents||$1,410||$1,336|
|Restructuring and other items||$402||$452|
|Total operating expense||$34,373||$34,495|
|Income Data (in $ millions)|
|Total other expense, net||$(873)||$(1,150)|
|Income Before Income Taxes||$2,527||$1,025|
|Income Tax Benefit (Provision)||$8,013||$(16)|
|Comprehensive Income (Loss)||$13,987||$(802)|
|Balance Sheet Data (in $ millions)|
|Long-term debt and capital leases||$9,795||$11,082|
|Total stockholders’ equity (deficit)||$11,643||$(2,131)|
|Cash flow data (in $ millions)|
|Net cash provided by operating activities||$4,504||$2,476|
|Net cash used in investing activities||$(2,756)||$(1,962)|
|Net cash used in financing activities||$(1,320)||$(755)|
|Cash and cash equivalents at end of period||$2,844||$2,416|
|Common share data (in $)|
|Basic earnings (loss) per common share||$12.41||$1.20|
|Diluted earnings (loss) per common share||$12.29||$1.19|
August 10, 2014: Delta Air Lines was voted the best US airline in 2014. It had lowest proportion of mishandled luggage, the best on-time arrivals record, canceled the fewest flights, and also got top marks for the most improved customer service. Quite a feat for a carrier that came in last in 2013.