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Delta Air Lines is one of the major airlines of the United States and a legacy carrier headquartered in Atlanta, Georgia. The United States' oldest operating airline and the seventh-oldest operating worldwide, Delta along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents.
Delta's earnings report shows airlines are still enjoying pricing power. Delta's total revenue per seat mile (TRASM), a proxy for pricing power, was up 1% in the second quarter from a year ago ...
Ed Bastian, CEO of Delta Air Lines, speaks during a keynote address at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 8, 2019. (Steve Marcus/REUTERS) (Steve Marcus / Reuters)
Delta operates the world's largest fleets of the Airbus A220, Boeing 717, and Boeing 757, the largest passenger fleet of the Boeing 767, and the largest Airbus A330 fleet of any US airline. Delta has historically preferred purchasing or leasing used aircraft or using older-generation models to keep initial acquisition costs down.
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