Delta Air Lines (DAL)

Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Powered by its employees around the world, Delta has for a decade led the airline industry in operational excellence while maintaining its reputation for award-winning customer service.

Company profile

Ticker

DAL

Exchange

NYSE

Website

www.delta.com

CEO

Edward Bastian

Incorporated

Delaware

Location

Georgia

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > Scheduled Passenger Air Transportation

Industry (SIC)

Air Transportation, Scheduled

United Airlines • United Airlines • American Airlines • Southwest Airlines • Jetblue Airways • Alaska Air • Frontier • Skywest • Hawaiian • Mesa Air ...

Former names

DELTA AIR LINES INC /DE/

SEC CIK

0000027904

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Aero Assurance Ltd. • DAL Global Technology • Delta Flight Products, LLC • Delta Material Services, LLC • Delta Professional Services, LLC • Delta Vacations, LLC • Endeavor Air, Inc. • Epsilon Trading, LLC • MIPC, LLC • Monroe Energy, LLC ...

IRS number

580218548

DAL stock data

1M 1Y 5Y

News

From Benzinga Pro

Raymond James Cuts Delta Air Lines Price Target By ~6%

23 Jun 22

Benzinga Before The Bell: Tesla's Cybertruck Update, Twitter's New Feature, Netflix's Ad-Tier And Other Top Financial Stories Thursday, June 23

23 Jun 22

CNBC Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities

Raymond James Maintains Strong Buy on Delta Air Lines, Lowers Price Target to $50

23 Jun 22

Raymond James analyst Savanthi Syth maintains Delta Air Lines (NYSE:DAL) with a Strong Buy and lowers the price target from $53 to $50.

Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

23 Jun 22

10 Industrials Stocks With Whale Alerts In Today's Session

22 Jun 22

Press releases

From Benzinga Pro

Thinking about buying stock in Advent Technologies, Carnival Corp, AeroClean Technologies, Delta Air Lines, or Cenovus Energy?

16 Jun 22

NEW YORK , June 16, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ADN, CCL, AERC, DAL, and CVE.

Vueling joins forces with BitPay and UATP to accept cryptocurrencies as an alternative method of payment

16 Jun 22

The airline signs an agreement with the world's largest provider of Bitcoin and cryptocurrency payment services BARCELONA, Spain, June 16, 2022 /PRNewswire/ -- Vueling, an airline part of IAG, and BitPay, the

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Delta Air Lines, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

15 Jun 22

NEW YORK, June 15, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the

Thinking about trading options or stock in Delta Air Lines, Coinbase Global, Snowflake, Hess Corp, or SAGE Therapeutics?

1 Jun 22

Delta Air Lines to Present at the Bernstein Strategic Decisions Conference

25 May 22

Analyst ratings and price targets

Last 3 months

Average target

$57.00

Low target

$44.00

High target

$70.00

Investment data

Data from SEC filings

4 long holdings End of quarter 31 Mar 22	Value	#Shares	Prev Q
YOU Clear Secure Inc	$222.51M	8.28M	8.28M
UP Wheels Up Experience Inc.	$161.72M	52M	52M
STRC Sarcos Techn and Robotics Co	$15.06M	2.26M	2.26M
AFRM Affirm HLDGS Inc	$2.31M	50K	50K

Delta Air Lines holdings history Holdings history

Holdings list only includes long positions. Only includes long positions.

Calendar

13 Apr 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart DAL financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	8.14B	8.14B	8.14B	8.14B	8.14B	8.14B
Cash burn (monthly)	144.67M	146.75M	400M	(no burn)	(no burn)	(no burn)
Cash used (since last report)	415.95M	421.94M	1.15B	n/a	n/a	n/a
Cash remaining	7.72B	7.71B	6.98B	n/a	n/a	n/a
Runway (months of cash)	53.4	52.6	17.5	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

DAL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
16 Jun 22	Carter Ashton B	Common Stock	Grant	Acquire A	No	No	6,430	26,050
16 Jun 22	Greg Creed	Common Stock	Grant	Acquire A	No	No	6,430	6,430
16 Jun 22	Easter William H Iii	Common Stock	Grant	Acquire A	No	No	6,430	16,050
16 Jun 22	Dewalt David G	Common Stock	Grant	Acquire A	No	No	6,430	70,770
16 Jun 22	Blake Francis S	Common Stock	Grant	Acquire A	No	No	10,820	80,915

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

DAL institutional ownership history Ownership history

64.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	945	962	-1.8%
Opened positions	107	160	-33.1%
Closed positions	124	141	-12.1%
Increased positions	356	318	+11.9%
Reduced positions	283	320	-11.6%

13F shares	Current	Prev Q	Change
Total value	16.31B	15.75B	+3.6%
Total shares	412.73M	402.93M	+2.4%
Total puts	28.67M	31.84M	-9.9%
Total calls	37.71M	30.99M	+21.7%
Total put/call ratio	0.8	1.0	-26.0%

Largest owners	Shares	Value	Change
Vanguard	68.23M	$2.7B	+1.9%
BLK Blackrock	37.86M	$1.5B	-0.7%
Capital World Investors	22.08M	$873.71M	+0.2%
STT State Street	21.78M	$861.82M	-1.3%
Primecap Management	19.1M	$755.73M	-2.7%
FMR	15.16M	$599.85M	+31.4%
Geode Capital Management	11.91M	$470.34M	+5.2%
ATAC Neuberger Berman	11.4M	$451.16M	+27.0%
Newport Trust	10.43M	$412.53M	0.0%
GROW U.S. Global Investors	8.99M	$355.79M	+6.6%

Largest transactions	Shares	Bought/sold	Change
FMR	15.16M	+3.62M	+31.4%
ATAC Neuberger Berman	11.4M	+2.42M	+27.0%
Susquehanna International	3.4M	+2.42M	+246.9%
TROW T. Rowe Price	1.26M	-2.4M	-65.6%
JPM JPMorgan Chase & Co.	7.69M	+2.23M	+40.8%
Balyasny Asset Management	2.71M	+2.13M	+363.0%
Citadel Advisors	3.79M	+1.91M	+102.0%
Millennium Management	4.3M	+1.79M	+71.5%
Amundi	882.86K	-1.72M	-66.0%
Norges Bank	0	-1.71M	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Southwest Airlines • Alaska Air • Copa • Spirit Airlines • Frontier • Sun Country Airlines • AerSale

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	7th grade Good

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Removed: accrued, achieve, achieved, Adjusting, advanced, Aid, altered, anticipate, Aspirational, begun, block, book, CEO, charge, closely, commentary, conditioned, conducting, consisted, contractually, created, decline, declined, delayed, demographic, Department, determining, disbursed, discount, discretionary, distribution, dramatic, easing, Economy, eliminate, Endeavor, estimating, exercise, expiring, extension, extinguished, faced, fallen, final, focused, forward, frozen, gain, governed, heading, implemented, inactive, incremental, initial, invest, involuntary, lagging, landing, length, Lifestyle, limiting, mainline, manner, merger, middle, minimum, MIPC, nature, neutrality, North, October, originating, Overnight, performing, planning, point, producing, projected, projecting, promissory, proportionate, protect, quickly, reclassification, reducing, refined, refrain, reiterated, relevant, reliable, Relief, reopen, repaid, Rescue, restored, run, saving, served, shift, SOFR, spending, sponsor, statutory, structural, supply, suspending, temporary, Treasury, uncertainty, Unifi, Unrealized, voluntarily, waived, whichever, workforce, worldwide

From filing 10-Q 2022 Q1

Financial reports

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