DAL Delta Air Lines, Inc.

Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment consists of jet fuel and non-jet fuel products. The company was founded by Collett Everman Woolman in 1928 and is headquartered in Atlanta, GA.

Company profile

Ticker

DAL

Exchange

NASDAQ

Website

www.delta.com

CEO

Edward Herman Bastian

Incorporated in

Delaware

Location

Georgia

Fiscal year end

Dec 31

Sector

Transportation > Airlines

Industry (SEC)

Air Transportation, Scheduled

United Airlines • American Airlines • Southwest Airlines • United Airlines • JetBlue Airways • Alaska Air • Skywest • Mesa Air • Allegiant Travel • Spirit Airlines ...

Former names

Delta Air Lines Inc

SEC CIK

0000027904

Corporate docs

Articles of Incorporation & Bylaws

IRS number

580218548

DAL stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

22 Apr 20

8 Jul 20

31 Dec 20

News

Company financial data Financial data

Chart DAL financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	8.59B	11.44B	12.56B	12.54B
Net income	-534M	1.1B	1.5B	1.44B
Diluted EPS	-0.84	1.71	2.31	2.21
Net profit margin	-6.22%	9.61%	11.90%	11.51%
Operating income	-410M	1.4B	2.07B	2.13B
Net change in cash	3.09B	983M	-110M	99M
Cash on hand	5.97B	2.88B	1.9B	2.01B

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue	47.01B	44.44B	41.14B	39.45B
Net income	4.77B	3.94B	3.21B	4.2B
Diluted EPS	7.3	5.67	4.43	5.55
Net profit margin	10.14%	8.86%	7.79%	10.63%
Operating income	6.62B	5.26B	5.97B	7B
Net change in cash	1.32B	-249M	-948M	790M
Cash on hand	2.88B	1.57B	1.81B	2.76B

Financial data from company earnings reports

Recent insider trades

DAL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	#Shares	#Remaining
18 Jun 20	Carter Ashton B	Common Stock	Grant	Aquire A	No	5,690	15,690
18 Jun 20	Blake Francis S	Common Stock	Grant	Aquire A	No	9,910	63,245
18 Jun 20	Huerta Michael P	Common Stock	Grant	Aquire A	No	5,690	15,515
18 Jun 20	Easter William H Iii	Common Stock	Grant	Aquire A	No	5,690	12,600
18 Jun 20	Dewalt David G	Common Stock	Grant	Aquire A	No	5,690	60,410

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

Institutional ownership Q1 2020

DAL institutional ownership history Ownership history

75.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	956	1113	-14.1%
Opened positions	179	183	-2.2%
Closed positions	336	122	+175.4%
Increased positions	334	391	-14.6%
Reduced positions	359	395	-9.1%

13F shares	Current	Prev Q	Change
Total value	164.02B	349.97B	-53.1%
Total shares	479.45M	548.73M	-12.6%
Total puts	28.7M	16.2M	+77.2%
Total calls	17.23M	12.29M	+40.2%
Total put/call ratio	1.7	1.3	+26.4%

Largest owners	Shares	Value	Change
BRK.A Berkshire Hathaway	71.89M	$2.05B	+1.4%
Vanguard	45.48M	$1.3B	+3.8%
BLK BlackRock	32.29M	$921.29M	-6.1%
Primecap Management	28.54M	$814.33M	+0.7%
STT State Street	19.33M	$551.37M	-3.1%
Newport Trust	12.61M	$359.7M	0.0%
JPM JPMorgan Chase & Co.	10.45M	$298.11M	-1.1%
Lansdowne Partners	10.29M	$293.49M	-6.9%
FMR	8.79M	$250.8M	+46.5%
BAC Bank of America	8.39M	$239.33M	-19.5%

Largest transactions	Shares	Bought/sold	Change
Gallagher Fiduciary Advisors	8.08M	+8.08M	NEW
FRLG Goldman Sachs	3.45M	-4.15M	-54.6%
JHG Janus Henderson	1.55M	-3.91M	-71.6%
Voya Investment Management	340.14K	-3.45M	-91.0%
Alliancebernstein	4.84M	-3.31M	-40.6%
PFG Principal Financial	829.72K	-3.11M	-78.9%
Two Sigma Advisers	2M	-2.99M	-59.9%
FMR	8.79M	+2.79M	+46.5%
Cyrus Capital Partners	0	-2.56M	EXIT
Arrowstreet Capital, Limited Partnership	0	-2.5M	EXIT

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Southwest Airlines • Spirit Airlines • Virgin America

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: absence, accordion, accurate, advisory, aggregate, Aid, alleged, altered, anticipate, anticipated, area, assessed, assessment, asset, assist, assistance, assurance, automatic, avoid, BB, began, behavior, bilateral, blocking, book, booked, booking, breach, breakage, bridge, broad, broader, broadly, cancel, cancelled, canopy, Care, carrier, carrying, CDC, ceased, center, charge, clarify, clarity, cleaning, closed, closing, collaboration, combat, combative, comply, concourse, Connecticut, contagion, contractual, correlative, coverage, cumulative, curtailed, decide, decided, declaration, declare, decline, declined, deferral, delaying, demolished, departure, dependent, depending, deterioration, director, discontinued, discouraged, discretionary, Disease, disinfectant, dissuade, dissuaded, dissuading, distancing, downgraded, dramatic, drawn, drop, duration, economy, electrostatic, emergency, encourage, entertainment, entirety, environment, escalating, essential, event, exact, exceeded, exercise, expenditure, experienced, experiencing, extensive, extremely, fail, Failure, favorability, final, Finally, Fitch, flexibility, flown, fluid, forecasted, foregoing, freeze, goodwill, governing, government, governmental, harmful, health, highly, hiring, home, housing, II, immaterial, impaired, impairment, implement, implemented, implementing, imposed, imposing, impossible, indefinitely, inflight, influence, inherent, injure, installment, instituted, Instituting, institution, Insufficient, intangible, intent, investee, involuntary, key, labor, lag, large, largely, launch, leave, led, length, lengthening, leveraging, lieu, lifetime, line, linked, listed, local, long, low, lowest, maintain, mandate, meal, Medallion, medium, merchant, middle, milestone, minimal, model, modest, monitor, month, moving, nature, noncancelable, nonessential, occur, occurred, OEM, onset, open, opened, opening, optimize, outbreak, outlined, overnight, pace, package, pandemic, pausing, payroll, pedestrian, persist, Poor, popular, postponing, President, Prevention, processed, processing, processor, property, pursuing, Qualification, quarantine, quarantined, range, ranging, rapid, ratio, ready, rebook, rebooked, recovery, refrain, refunded, relevant, relief, reluctance, remedy, renegotiate, representation, reputation, request, reserve, reset, reworking, rolling, safety, Salary, sanitizing, saving, screening, seek, seeking, serve, shelter, short, sickened, significantly, single, situation, SkyWest, social, SOFR, spare, sporting, spraying, spread, stay, stem, successful, sudden, sufficient, suspended, suspending, syndicated, system, telecommute, teleconferencing, temporarily, test, tested, tourist, transatlantic, transition, transmission, tray, Treasury, Trump, turn, ultimate, ultimately, unable, unclear, unencumbered, unknown, unpaid, unprecedented, unused, unwind, unwound, valid, valuable, view, virulent, visibility, voluntary, volunteered, waived, waiver, wary, week, widebody, work, workforce, working, world, worldwide

Removed: Alclear, allocate, Argenbright, award, awarded, bag, baggage, beach, benchmark, British, cabin, check, CLEAR, Comfort, consecutive, continued, conversion, coordination, DAL, database, defer, DGS, dollar, enjoying, equivalent, ETV, Euro, extend, fare, fee, generating, generation, heading, improve, incorporated, incremental, individual, Japanese, Korea, located, main, Mexico, MRO, overhaul, pound, predominantly, premium, prepaid, priority, profitability, published, qualified, reclassification, reclassify, refining, repair, retained, seamlessly, Select, staffing, stranded, strength, transformation, website

From filing 10-Q 2020 Q1