DAL Delta Air Lines

Delta Air Lines operates 764 commercial aircraft, making it the second largest airline fleet in the world. In the past, Delta used to purchase or lease older generation aircraft and fly them for sometimes up to an age of over 30 years, much longer than most other major airlines. In 2011 however, Delta began a massive fleet-renewal effort with orders for new and modern narrow- and wide-body aircraft. As a result, Delta today still flies the second-oldest fleet among US big 4 international airlines , however with the average fleet age reduced to 13.7 years. Delta's fleet consists of 764 Airbus and Boeing aircraft. 443 Boeing aircraft make up about 60% of Delta's fleet, while its 321 Airbus aircraft make about 40%. Its 644 narrow-body aircraft comprise about 83% of its fleet, while its 120 wide-body aircraft comprise the remaining 17%.
Company profile
Ticker
DAL
Exchange
Website
CEO
Edward Bastian
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DELTA AIR LINES INC /DE/
SEC CIK
Corporate docs
IRS number
580218548
DAL stock data
()
News
Why It's A Great Time To Be A Value Investor
1 Mar 21
Boeing 757 Diverted To Emergency Landing Over Engine Problems
22 Feb 21
Benzinga's Top Ratings Upgrades, Downgrades For February 22, 2021
22 Feb 21
Why Delta Air Lines's Stock is Trading Higher Today
22 Feb 21
Deutsche Bank Upgrades Delta Air Lines to Buy, Announces $55 Price Target
22 Feb 21
Press releases
Delta Air Lines Taps IBM for Cloud Expertise and Red Hat Hybrid Cloud Platform
18 Feb 21
Thinking about buying stock in First Majestic Silver, Delta Air Lines, Norwegian Cruise Line, Inovio Pharmaceuticals, or SRAX Inc?
28 Jan 21
Delta Air Lines Announces December Quarter and Full Year 2020 Financial Results
14 Jan 21
Delta Air Lines Announces Webcast of December Quarter and Full Year 2020 Financial Results
7 Jan 21
Thinking about buying stock in Zomedica, Jaguar Health, BioNano Genomics, Biolase, or Delta Air Lines?
28 Dec 20
Calendar
12 Feb 21
2 Mar 21
31 Dec 21
Financial summary
Quarter (USD) |
Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Diluted EPS |
Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.06B | 10.06B | 10.06B | 10.06B | 10.06B | 10.06B |
Cash burn (monthly) | 2.76B | (positive/no burn) | 369.33M | 1.3B | 428.67M | 316.08M |
Cash used (since last report) | 5.65B | n/a | 755.29M | 2.66B | 876.63M | 646.4M |
Cash remaining | 4.4B | n/a | 9.3B | 7.4B | 9.18B | 9.41B |
Runway (months of cash) | 1.6 | n/a | 25.2 | 5.7 | 21.4 | 29.8 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Feb 21 | Samant Rahul D | Common Stock | Sell | Dispose S | No | No | 47.561 | 6,591 | 313.47K | 71,667 |
25 Feb 21 | Steven M Sear | Common Stock | Sell | Dispose S | No | No | 47.872 | 13,000 | 622.34K | 100,320 |
22 Feb 21 | Joanne D Smith | Common Stock | Sell | Dispose S | No | No | 48.305 | 6,200 | 299.49K | 132,230 |
12 Feb 21 | Glen W Hauenstein | Common Stock | Sell | Dispose S | No | No | 43.462 | 60,586 | 2.63M | 271,660 |
11 Feb 21 | Samant Rahul D | Common Stock | Sell | Dispose S | No | No | 42.812 | 11,806 | 505.44K | 78,258 |
Institutional ownership Q4 2020
62.1% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 922 |
Opened positions | 213 |
Closed positions | 109 |
Increased positions | 249 |
Reduced positions | 316 |
13F shares |
Current |
---|---|
Total value | 16.47B |
Total shares | 396.49M |
Total puts | 29.29M |
Total calls | 33.7M |
Total put/call ratio | 0.9 |
Largest owners |
Shares | Value |
---|---|---|
Vanguard | 65.2M | $2.62B |
BLK Blackrock | 35.68M | $1.43B |
Capital World Investors | 28.1M | $1.13B |
Primecap Management | 22.74M | $914.51M |
STT State Street | 21.61M | $869.04M |
FMR | 12.73M | $512M |
Newport Trust | 12.61M | $506.96M |
Geode Capital Management | 10.39M | $416.99M |
MS Morgan Stanley | 9.89M | $397.56M |
GROW U.S. Global Investors | 7.13M | $286.84M |
Financial report summary
?Content analysis
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Negative | ||
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Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
AA, accessible, Aid, aim, aimed, airplane, ALPA, annum, ASC, Aspirational, assembled, BB, Biden, bill, black, blocked, blocking, broad, brought, candidate, Capping, carefully, Cayman, CDC, Chapter, charter, clarity, college, combat, complimentary, confidence, confirmatory, contagion, context, contrary, costly, coupled, covenant, CRJ, decide, decided, deepen, delay, delayed, delaying, Delinquent, demolition, deplaning, depressed, Deregulation, diagnosed, disease, disinfectant, disinfecting, dissuade, dissuaded, dissuading, donated, downgraded, dramatic, drawn, driver, drove, ease, eased, easing, educate, education, electronic, electrostatic, elite, encourage, encouraged, encouraging, entirety, equitable, exacerbate, exact, extreme, fallen, FCPA, female, Fitch, fluid, foregoing, furlough, Guy, headcount, hinder, history, home, inclusion, inclusive, injure, instability, intelligence, intensified, intent, intercompany, interview, introduction, involuntary, IP, journey, junior, length, lengthening, Lifestyle, lifted, likelihood, listening, macroeconomic, mask, Medallion, medium, merger, MHI, Moody, notification, occasionally, onset, optimistic, Overnight, pace, pandemic, passage, patchwork, payroll, permissible, physical, pipeline, popular, portray, postponing, progressed, progressing, promissory, Qualification, quick, racial, ransomware, read, rebook, recalculate, recapitalization, recapitalize, reconfiguring, reevaluate, refrain, reinstitution, reiterated, rely, remotely, reopened, reorganization, reorganize, repudiated, resilient, restarting, restoration, resurgence, retiree, revocation, RIN, RJ, Rome, salary, sanitized, sanitizing, sector, shaped, shelter, sickened, simplification, simplifying, SMIF, SMIP, SOFR, sporting, spraying, stakeholder, stay, step, surface, syndicated, talent, task, teamwork, teleconferencing, thereunder, tight, timeframe, touch, tourist, town, track, traditionally, tray, Trojan, undergoing, undertook, underway, unnecessary, unpaid, unprecedented, unwind, unwound, vaccination, valid, verified, virulent, volunteering, waived, waiving, wear, weighing, wellbeing, withdrew, workplace, written
Removed:
actuarially, Acuity, add, Arabian, Bad, Bank, Bastian, bore, Brazil, Brexit, Carter, chair, Continental, Controller, CSA, declaration, designing, Dorsey, earlier, Edward, Enforcement, enhancement, Euro, expanding, foreseeable, formula, generation, Georgia, Gil, Glen, guaranty, Hauenstein, Head, ii, iii, image, improper, instruction, interaction, Jacobson, Joanne, Kingdom, Korea, Laidlaw, legislative, leveraged, managing, mandated, Northwest, notice, paragraph, Peter, predominantly, provisional, Rahul, reclassify, referendum, refundable, remedy, returned, Rule, Samant, Saudi, Sear, shortage, Smith, Song, source, stabilized, staffing, Steven, stranded, strength, Technical, telephone, Transit, Treasurer, trial, turnaround, unaudited, undistributed, Vice, VRG, weighting, West, Whitney, widebody, Zealand
Financial reports
10-K
2020 FY
Annual report
12 Feb 21
10-Q
2020 Q3
Quarterly report
13 Oct 20
10-Q
2020 Q2
Quarterly report
14 Jul 20
10-Q
2020 Q1
Quarterly report
22 Apr 20
10-K
2019 FY
Annual report
12 Feb 20
10-Q
2019 Q3
Quarterly report
10 Oct 19
10-Q
2019 Q2
Quarterly report
11 Jul 19
10-Q
2019 Q1
Quarterly report
10 Apr 19
10-K
2018 FY
Annual report
15 Feb 19
10-Q
2018 Q3
Quarterly report
11 Oct 18
Current reports
8-K
Entry into a Material Definitive Agreement
15 Jan 21
8-K
Delta Air Lines Announces December Quarter and Full Year 2020 Financial Results
14 Jan 21
8-K
Departure of Directors or Certain Officers
21 Dec 20
8-K
Regulation FD Disclosure
3 Dec 20
8-K
Departure of Directors or Certain Officers
30 Oct 20
8-K
Delta Air Lines Announces September Quarter Financial Results
13 Oct 20
8-K
Entry into a Material Definitive Agreement
25 Sep 20
8-K
Delta Air Lines Announces Upsize of SkyMiles Financing to $9 Billion
17 Sep 20
8-K
Regulation FD Disclosure
14 Sep 20
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
4 Sep 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
11 Jun 20
FWP
Free writing prospectus
10 Jun 20
424B5
Prospectus supplement for primary offering
10 Jun 20
S-3ASR
Automatic shelf registration
27 May 20
424B2
Prospectus for primary offering
5 Mar 20
FWP
Free writing prospectus
4 Mar 20
FWP
Free writing prospectus
4 Mar 20
424B5
Prospectus supplement for primary offering
4 Mar 20
424B5
Prospectus supplement for primary offering
23 Oct 19
FWP
Free writing prospectus
21 Oct 19
Proxies
PX14A6G
Letter to shareholders
27 May 20
PX14A6G
Letter to shareholders
27 May 20
DEFA14A
Additional proxy soliciting materials
29 Apr 20
DEF 14A
Definitive proxy
29 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Apr 19
DEF 14A
Definitive proxy
26 Apr 19
DEFA14A
Additional proxy soliciting materials
27 Apr 18
DEF 14A
Definitive proxy
27 Apr 18
DEF 14A
Definitive proxy
27 Apr 17
DEFA14A
Additional proxy soliciting materials
27 Apr 17
Other
UPLOAD
Letter from SEC
9 Jun 19
CORRESP
Correspondence with SEC
14 May 19
UPLOAD
Letter from SEC
1 May 19
CT ORDER
Confidential treatment order
7 Mar 19
UPLOAD
Letter from SEC
28 Aug 18
CORRESP
Correspondence with SEC
13 Aug 18
CORRESP
Correspondence with SEC
1 Aug 18
UPLOAD
Letter from SEC
15 Jul 18
CT ORDER
Confidential treatment order
14 Mar 18
CT ORDER
Confidential treatment order
7 Aug 17
Ownership
4
DELTA AIR LINES / Rahul D Samant ownership change
1 Mar 21
4
DELTA AIR LINES / Steven M Sear ownership change
26 Feb 21
4
DELTA AIR LINES / Joanne D Smith ownership change
23 Feb 21
4
DELTA AIR LINES / GLEN W HAUENSTEIN ownership change
15 Feb 21
4
DELTA AIR LINES / Rahul D Samant ownership change
12 Feb 21
SC 13G/A
DELTA AIR LINES / VANGUARD ownership change
10 Feb 21
4
DELTA AIR LINES / Joanne D Smith ownership change
5 Feb 21
4
DELTA AIR LINES / Steven M Sear ownership change
5 Feb 21
4
DELTA AIR LINES / Rahul D Samant ownership change
5 Feb 21
4
DELTA AIR LINES / William P Lentsch ownership change
5 Feb 21
Patents
GRANT
Utility
Weather avoidance tool system
5 Oct 20
A method of providing a simplified practice for dealing with aviation turbulence and other weather hazards that allows the end users to better communicate turbulence as a state of the atmosphere metric and the additional weather threats affecting the flight is described.
APP
Utility
Nut and Washer Assembly
18 Dec 19
A nut and washer assembly includes a washer unit that is coupled to a nut.
GRANT
Utility
Nut and washer assembly
4 Nov 19
A nut and washer assembly includes a washer unit that is coupled to a nut.
Transcripts
2020 Q4
Earnings call transcript
14 Jan 21
2020 Q3
Earnings call transcript
13 Oct 20
2020 Q2
Earnings call transcript
14 Jul 20
2020 Q1
Earnings call transcript
22 Apr 20
2019 Q3
Earnings call transcript
10 Oct 19
2019 Q2
Earnings call transcript
11 Jul 19
2019 Q1
Earnings call transcript
10 Apr 19
2018 Q4
Earnings call transcript
15 Jan 19
2018 Q3
Earnings call transcript
11 Oct 18
2018 Q2
Earnings call transcript
12 Jul 18
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