The Bahamas Ministry of Tourism made this announcement;
On Monday, June 6, 2022, Delta Air Lines relaunches weekly nonstop service from Hartsfield-Jackson Atlanta International Airport (ATL) to Marsh Harbour International Airport (MHH) in The Abacos, Bahamas.
Photo courtesy of The Bahamas Ministry of Tourism, Investments and Aviation.
Travellers can now book flights and plan their next adventure, exploring the island’s pristine, untouched beaches and picturesque streets.
Delta opens a state-of-the-art terminal on June 4 with ten new gates at LGA.
https://news.delta.com/delta-debuts-dazzling-terminal-c-facility-new-yorks-laguardia-airport
Delta Air Lines made this announcement:
This June, Delta will have the honor of flying 30 World War II veterans on a charter flight to Normandy, France, for the annual commemoration of the 1944 D-Day invasion. These veterans will each be paired during their journey with current Delta employees who also served in the U.S. military.
The Delta charter flight, operated in partnership with community partner Best Defense Foundation, departs from Atlanta to Deauville, France, on June 1 for a week-long program of events that will include the official D-Day Commemoration on June 6 and unique dining experiences sponsored by Michelin.
โThe mission of the Best Defense Foundation is โtaking care of those who took care of us,โโ said Donnie Edwards, Founder of Best Defense Foundation. โThrough this amazing partnership with Delta Air Lines, we are able to accomplish this mission and provide these heroes with the opportunity to reconnect with their brothers, honor those who gave the ultimate sacrifice and celebrate the liberation of an ally.โ
โThis historic flight exemplifies the servant leadership of Delta people and the testament that โNo One Better Connects the World,โโ said Jim Graham, CEO โ Endeavor and Executive Sponsor of Deltaโs Veterans Business Resource Group. โThe charter forges relationships as Delta veterans escort those who represent the Greatest Generation to the sites of the Normandy landings where they will be welcomed, celebrated and hosted by the people whose families were liberated on June 6, 1944.โ
The unique charter โ marking the first time a U.S. passenger airline will fly directly to Normandy โ has its roots in the film โThe Girl Who Wore Freedom,โ a documentary depicting the annual D-Day commemorations in France that was added onboard last year to the Delta Studio.
โThroughout my work on the film, I hoped to have the opportunity to bring more veterans to this historic site, helping them to gain closure and letting them experience the immense gratitude of those who they helped to liberate,โ said Christian Taylor, the film’s director. โThere is no better tribute to โThe Girl Who Wore Freedomโ than that our film inspired this return trip in partnership with the Best Defense Foundation, Delta Air Lines and Michelin, in honor of the 78th anniversary of D-Day.โ
Pictured from left to right: Chuck Imhof – VP East Region and NY Sales;ย Florence Boucherie – Daughter ofย Dany Boucherie and Co-Producer of the film;ย Dany Patrix Boucherie – ‘The Girl Who Wore Freedom’;ย Donnie and Kathryn Edwards – President, Co Founders Best Defense Foundation; Virginie Durr – Enterprise Sales Manager; David Chapman – VP Government and Defense (Michelin); Christian Taylor – Film Director
Delta and SkyTeam partner, Air France, hosted a screening of the documentary on May 16 at the French Institute Alliance Franรงaise in New York ahead of the charter. Christian joined retired Col. David Chapman, V.P. โ Government and Defense Sales for Michelin and former attachรฉ to the U.S. Embassy in Paris, and Dany Patrix Boucherie, one of the central people featured in the film, for a Q&A session following the screening.
Dany Patrix Boucherie pictured far left
As โThe Girl Who Wore Freedom,โ Dany is seen pictured as a child wearing a dress made from parachutes of the American soldiers who liberated her and her family 78 years ago. In a plan developed by Normandy native Virginie Durr, Manager โ Enterprise Sales, and Veterans Business Resource Group President Kurt Robinson, Manager โ Quality Control, Dany will be boarding the charter to return to Normandy alongside the World War II and Delta veterans.
Pictured from left to right:ย Dany Patrix Boucherie,ย WWII veteran Arthur Grabiner,ย Christian Taylor
With much of the companyโs foundation being bolstered by World War II service members and pilots in the early days of its establishment, Delta remains committed to supporting veterans and active members of the military who serve our country. Today, over 9,000 Delta employees are veterans, with many of them continuing to serve in the Guard or Reserves. Deltaโs Veterans Business Resource Group is made up of over 1,400 members and provides professional development, networking and community service opportunities for veterans and supporters of the military.
Delta veterans were selected from Deltaโs Veterans Business Resource Group to participate in this charter, with several having personal connections to the cause. Capt. Dan Bauer will be honoring his grandfather, who served as a B-24 Pilot in the Army Air Corps in World War II and who inspired him to become an Air Force pilot. With the opportunity to attend the D-Day Commemoration in Normandy, Dan can bring his family story full circle in service of others who have served.
โWe are meeting, connecting and sharing camaraderie with these incredible veterans and making this more than just a journey back to the battlefield,โ said Dan. โDelta leads by example by putting the people, resources and most importantly the soul into making this truly amazing event a reality.โ
Captain Pat McCormick withย WWII veteran Tom Rice
Delta Air Lines has announced it will cut around 100 flights a day, primarily in the U.S. and Latin America.
The cuts will be from July 1 through August 7 during the busy summer schedule.
The airline stated:
โWeather and air traffic control, vendor staffing, increased COVID case rates contributing to higher-than-planned unscheduled absences in some work groups โ are resulting in an operation that isnโt consistently up to the standards Delta has set for the industry in recent years.โ
Delta aircraft photo gallery (Boeing);
Delta Air Lines and Greek carrier Sky Express have announced an interline agreement to provide convenient connections for customers between North America and Greece. Delta is offering a record number of flights between the U.S. and Athens this summer, with services from Atlanta, Boston and New York-JFK, as Greece continues to grow in popularity with American travelers.
Effective May 19, Delta customers flying from North America will be able to fly on one of Deltaโs daily nonstop services to Athens then connect to 34 hotspots across Greece and Cyprus operated by Sky Express. Destinations available to Delta customers one or two stops from the United States include the picture-perfect islands of Mykonos, Kefalonia and Santorini; family favorites Crete and Corfu; and Larnaca in Cyprus.
The partnership is another milestone for Delta, offering even greater network opportunities for North American customers and improving connections to Greece. The new routes complement Delta and Sky Express destinations available through existing agreements with Air France and KLM via Paris-Charles de Gaulle and Amsterdamโs Schiphol Airport.
Sky Express operates a fleet of modern, fuel-efficient aircraft comprising A320neo and ATR 72-600 aircraft suited to the geographical environment of the Greek islands.
Sky Express aircraft photo gallery:
Delta Air Lines has made this announcement:
The latest addition to Delta’s fleet, the A321neo, lifted off from Boston Logan International Airport Friday morning (May 20), bound for San Francisco International Airport. Customers on the inaugural flight were the first to experience an ย improved cabin experience throughout – including an industry-leading domestic First Class seat – and flew with confidence that their trans-continental journey is more fuel-efficient.
The inaugural flight takes off as Delta continues to grow as Bostonโs No. 1 global airline, offering the most flights and seats of any carrier. This summer, Delta will operate up to 150 daily nonstop flights from Boston to over 50 destinations, a more than 10% increase in capacity since our pre-pandemic height in October 2019. By mid-August, Delta will serve each of Boston’s 20 most popular markets nonstop, including new service to five additional destinations: Tel Aviv (TLV), Athens (ATH), Baltimore (BWI), Denver (DEN) and San Diego (SAN).
โDeltaโs A321neo product will deliver a superior premium travel experience for our customers in Boston and around the country,โ said Mahendra Nair, Delta’s S.V.P. โ Fleet and TechOps Supply Chain. “The introduction of this state-of-the-art, more fuel-efficient aircraft to our fleet is also an important commitment on our Flight to Net Zero, our journey to decarbonize aviation.”
The aircraft’s comfortable cabin configuration features thoughtful touches throughout, including a new domestic First Class seat design with larger, improved privacy space, a sturdier tray table, and more stowage space for personal items, as well as enhanced memory-foam seat cushions in all cabins.
Customers can enjoy Delta’s industry-leading seatback entertainment on board, with the airline introducing an expanded library of content on A321neos with 50% more hit movies, TV shows and music than other aircraft in its fleet.
Fast-streaming Wi-Fi is available for purchase, and power ports are available at each seat, along with spacious overhead bins and state-of-the-art HEPA cabin air filtration systems throughout.
Delta’s newest fleet helps to reinforce the company’s position as an industry leader in environmental sustainability. Powered by Pratt & Whitney GTFโข engines, Deltaโs A321neo offers 20% better fuel efficiency over Delta’s current A321ceos.
In addition to San Francisco, Delta will operate A321neo flights between Delta’s hub at Boston Logan International bound for San Diego (SAN) and Denver (DEN) starting July 11, and on select trips to Seattle (SEA) beginning July 20.
Delta’s A321neos can seat 194 customers, with 20 in First Class, 42 in Delta Comfort+ and 132 in the Main Cabin. The new model will be deployed primarily across Delta’s extensive domestic network, complementing the Airbus A321ceo fleet of more than 125 aircraft.
Delta has purchase commitments for a total of 155 A321neos and is scheduled to take delivery of these aircraft through 2027, many from the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Delta now has 233 new aircraft purchase commitments, including both widebody and narrowbody jets โ reinforcing Delta’s strategic fleet objectives to boost operational simplification and drive productivity.
Rex today announced it had signed a Letter of Intent (LOI) with Delta Air Lines, the leading global airline. The LOI confirmed the partiesโ intention to enter into a โdefinitive commercial agreementโ.
The final agreement will see Rex and Delta providing reciprocal interline ticketing and baggage services to each other commencing during the third quarter in 2022.
Delta operates over 4,000 flights a day to more than 275 destinations on six continents and has served as many as 200 million customers annually. Deltaโs world-class customer experience and operational reliability were recognized by J.D. Power, Fortune’s Worldโs Most Admired Companies, the Wall Street Journal, and Business Travel News, among many others.
โDelta will not only connect international travellers on Rexโs trunk domestic routes, but could also allow them easy access to Rexโs expansive network of over 60 routes throughout regional Australia,โ the Hon John Sharp AM continued.
Rexโs passengers will be able to connect seamlessly on Deltaโs daily, non-stop flights between Sydney and Los Angeles, a frequency which will increase to 10 flights a week beginning December 18, 2022, and from there to nearly 50 cities in the U.S.
โRex will be a valued partner that will bring additional connectivity and geographic reach to both airlines,โ said Deltaโs Vice-President โ Alliance Partner Development, Jeff Arinder. โWe look forward to welcoming more customers to our flights from Sydney to the U.S. and providing a world-class customer experience in the air and on the ground.โ
Rex is Australiaโs largest independent regional and domestic airline operating a fleet of 60 Saab 340 and 6 Boeing 737-800 NG aircraft to 62 destinations throughout all states in Australia. In addition to the airline Rex, the Rex Group comprises wholly owned subsidiaries Pel-Air Aviation (air freight, aeromedical and charter operator) and the two pilot academies, Australian Airline Pilot Academy in Wagga Wagga and Ballarat.
Delta Air Lines made this announcement:
On April 20, 2022 the first phase of the new Delta Sky Way at LAX officially opened to customers, along with the terminalโs new, premier Delta Sky Club. The joint $2.3 billion investment in partnership with Los Angeles World Airports is slated for completion next year.
The first phase of theย Delta Sky Way at LAXย is now open to customers โ nearly 18 months ahead of schedule. And when LAX customers visit the new Delta terminal, theyโll have more than just a streamlined check-in experience and gleaming new facilities to look forward to. The new Delta Sky Club at LAX, located on the departures level between T2 and T3, features premium design and awe-inspiring views and promises to offer an unparalleled lounge experience for customers with Club access.
โPlanning for this Delta Sky Club began back in 2018 and every detail โ from the seating to the food and beverage offerings to the premium design โ was selected to create a one-of-a-kind experience for guests,โ said Claude Roussel, Managing Director โ Delta Sky Club.ย โWhether guests visit the new Delta Sky Club to dine, work or simply enjoy the views, they’ll find much to love in this world-class lounge for a world-class airport.โ
At over 30,000 square feet, the Delta Sky Club at LAX Sky Way is one of the largest in the Delta network, with ample space for guests to retreat, relax and recharge.
The journey begins in the majestic downstairs lobby, where guests can check themselves in at one of five self-service kiosk stations. These kiosks are designed for ease of use and will speed up Club access for guests. (The larger of the two Delta Sky Clubs on T2 will remain open; with both Clubs operational, approximately 800 guests will be able to enjoy the lounges simultaneously.)
Once checked in, guests will ascend the monumental staircase or escalators, passing beneath dazzling ceiling fixtures modeled after ocean waves before arriving at the custom wood-screened area that marks the Clubโs entrance.
The lounge is outfitted with seating options to accommodate a wide variety of travelers, including private phone booths for quiet work and theater-style seating for viewing the media wall. Club restroom amenities have been optimized for guest comfort and privacy and include a nursing room, oversized family restrooms and eight spacious showers managed via a virtual queuing system.
The Club includes a wide range of seating options.ย
Spacious shower rooms are well appointed to meet guestsโ needs.ย
Throughout the Club are hidden gems designed to delight. One such gem is the Coffee Grotto, a nook that offers a glamorous peek into the ambience of Hollywoodโs Golden Age with an exquisite mosaicย mural featuring glass tiles imported from Italy.
The Gallery at LAX features pieces curated through Delta Sky Clubโs art program and include digital creations, sculpture and large-scale mixed media works featuring local L.A. artists.
The crown jewel of the Club is the Sky Deck, a year-round, all-weather terrace where guests can enjoy drinks from the premium bar and panoramic views of downtown Los Angeles and the Hollywood Hills.
The premium Club bar extends to the year-round outdoor Sky Deck.ย
Delta Air Lines reported financial results Wednesday for the March quarter 2022 and provided its outlook for the June quarter 2022.
“With a strong rebound in demand as omicron faded, we returned to profitability in the month of March, producing a solid adjusted operating margin of almost 10%. As our brand preference and demand momentum grow, we are successfully recapturing higher fuel prices, driving our outlook for a 12% to 14% adjusted operating margin and strong free cash flow in the June quarter,โ said Ed Bastian, Deltaโs Chief Executive Officer. โI would like to thank the Delta people, who once again enabled our best-in-class operational performance, provided an unmatched customer experience and continue to power our industry leadership each and every day.โ
June Quarter 2022 Outlook
|
2Q22 Forecast |
|
|
Capacityย 1 |
~84% |
|
Total Revenueย 1, 2 |
93% – 97% |
|
CASM-Exย 1, 2 |
Up ~17% |
|
Fuel Price ($/gal)ย 2, 3 |
$3.20 – $3.35 |
|
Operating Marginย 2 |
12% – 14% |
|
Gross Capital Expendituresย 2 |
~$1.2 billion |
|
Adjusted Net Debtย 2 |
~$20 billion |
|
1ย Compared to June quarter 2019 |
|
2ย Non-GAAP measure; Refer to Non-GAAP reconciliations for 2Q19 comparison figures |
|
3ย Fuel guidance based on prices as of April 8thย (Brent at $102, cracks at $30, $0.20 refinery contribution with RINS at $1.27) |
Revenue Environment
“Delta is well-positioned to capitalize on robust consumer demand and an accelerating return of business and international travel. The strength of Delta’s brand has never been more evident with record-setting performance for co-brand card acquisitions, co-brand spend and SkyMiles acquisitions in March,” saidย Glen Hauenstein, Delta’s president. “In the June quarter, we are successfully recapturing higher fuel prices and expect our revenue recovery to accelerate to 93 to 97 percent with unit revenue up double digits compared to 2019.”
Adjusted operating revenue ofย $8.2 billionย for the March quarter 2022 was 79 percent restored to March quarter 2019 levels, 5 points ahead of the mid-point of the company’s initial guidance. Compared to the March quarter 2019, total passenger revenue was 75 percent recovered on system capacity that was 83 percent restored.ย Domestic passenger revenue was 83 percent recovered, and international passenger revenue was 54 percent restored in the March quarter.
Consumer demand accelerated through the quarter, highlighted by strong spring break performance.ย As omicron faded, offices reopened and travel restrictions were lifted, resulting in an improvement in business travel demand and a stronger fare environment.
Revenue-related Highlights:
Cost Performance
“Thanks to the team’s hard work, we maintained a competitive cost structure in the March quarter amid a dynamic operating environment, an important driver of our financial recovery,” saidย Dan Janki, Delta’s chief financial officer.ย “As demand continues to recover and we restore additional capacity in the second half of the year, we expect our non-fuel unit cost comparisons to 2019 will improve to up mid-single digits, keeping us within our full year non-fuel unit cost guidance range. Our intense focus on non-fuel costs will serve us well moving ahead as we scale the airline and better utilize our fleet and our facilities.”
Total adjusted operating expense ofย $9.0 billionย in the March quarter 2022 increased 11 percent sequentially, driven by higher fuel prices and costs from the continued restoration of the airline. Adjusted fuel expense wasย $2.1 billionย in the March quarter 2022. Adjusted fuel price ofย $2.79ย per gallon was up 33 percent compared to the December quarter 2021 driven by higher market prices, including a 7ยข refinery contribution.
Adjusted non-fuel cost ofย $6.9 billionย was up 6 percent sequentially. This was primarily driven by a normalization in maintenance expense. Compared to the March quarter of 2019, non-fuel unit costs (CASM-Ex) were 15 percent higher on 17 percent less capacity.
Balance Sheet, Cash and Liquidity
“During the March quarter we generated free cash flow, continued to pay down debt and finished the quarter with nearlyย $13 billionย in liquidity,” Janki said. “Reducing debt is our top financial priority as we target investment-grade metrics andย $15 billionย of adjusted net debt by the end of 2024.”
At the end of the March quarter 2022, the company had total debt and finance lease obligations ofย $25.6 billionย with adjusted net debt ofย $20.9 billionย and a weighted average interest rate of 4.3 percent. During the quarter, the company repaidย $1.4 billionย of gross debt.
Operating cash flow during the March quarter 2022 wasย $1.8 billion. Free cash flow wasย $197 millionย for the quarter withย $1.6 billionย of gross capital expenditures reinvested in the business. The company’s Air Traffic Liability wasย $9.1 billionย at March quarter-end, upย $2.8 billionย compared to the end of the December quarter and upย $2.5 billionย compared to the March quarter 2019.
Delta ended the March quarter withย $12.8 billionย in liquidity, includingย $2.9 billionย in undrawn revolver capacity.
Fleet and Partner Updates
In the March quarter, Aeromรฉxico emerged from its bankruptcy proceedings and in connection with the consummation of the transaction, Delta now holds a 20 percent equity stake in the reorganized company. Delta will recognize the 20 percent share of Aeromรฉxico’s results under the equity accounting method within non-operating expense in the company’s income statement beginning in the June quarter.
As part of Delta’s fleet renewal initiatives, the company took delivery of its first A321neo aircraft at the end ofย March 2022ย and expects to take delivery of 26 A321neos in total this year. The introduction of these next-generation aircraft to the fleet contributes to Delta’s 2022 goal of using at least 6 percent less fuel per available seat mile compared to 2019. In total, Delta has committed to purchase 155 A321neos through 2027.
Other Highlights from the March Quarter 2022
Culture and People
Customer Experience and Loyalty
Environmental, Social and Governance
March Quarter Results
March quarter results have been adjusted primarily for the unrealized losses on investments, loss on extinguishment of debt and third-party refinery sales as described in the reconciliations in Note A.
|
GAAP |
$ Change |
% Change |
||
|
($ in millions except per share and unit costs) |
1Q22 |
1Q19 |
||
|
Operating (loss)/income |
(783) |
1,020 |
(1,803) |
NM |
|
Pre-tax (loss)/income |
(1,200) |
946 |
(2,146) |
NM |
|
Net (loss)/income |
(940) |
730 |
(1,670) |
NM |
|
(Loss)/diluted earnings per share |
(1.48) |
1.09 |
(2.57) |
NM |
|
Operating revenue |
9,348 |
10,472 |
(1,124) |
(11) % |
|
Total revenue per available seat mile (TRASM) (cents) |
18.04 |
16.78 |
1.26 |
8 % |
|
Operating expense |
10,131 |
9,452 |
679 |
7 % |
|
Operating cash flow |
1,771 |
1,942 |
(171) |
(9) % |
|
Capital expenditures |
1,766 |
1,360 |
406 |
30 % |
|
Cost per available seat mile (CASM) (cents) |
19.56 |
15.14 |
4.42 |
29 % |
|
Fuel expense |
2,092 |
1,978 |
114 |
6 % |
|
Average fuel price per gallon |
2.79 |
2.06 |
0.73 |
35 % |
|
Total debt and finance lease obligations |
25,557 |
10,764 |
14,793 |
NM |
|
Adjusted |
$ Change |
% Change |
||
|
($ in millions except per share and unit costs) |
1Q22 |
1Q19 |
||
|
Operating (loss)/income |
(793) |
1,026 |
(1,819) |
NM |
|
Pre-tax (loss)/income |
(1,037) |
831 |
(1,868) |
NM |
|
Net (loss)/income |
(784) |
639 |
(1,423) |
NM |
|
(Loss)/diluted earnings per share |
(1.23) |
0.96 |
(2.19) |
NM |
|
Operating revenue |
8,161 |
10,381 |
(2,219) |
(21) % |
|
TRASM (cents) |
15.75 |
16.63 |
(0.88) |
(5) % |
|
Operating expense |
8,954 |
9,354 |
(400) |
(4) % |
|
Free cash flow |
197 |
751 |
(553) |
(74) % |
|
Gross capital expenditures |
1,565 |
1,511 |
54 |
4 % |
|
Non-fuel cost |
6,858 |
7,171 |
(313) |
(4) % |
|
Consolidated unit cost (CASM-Ex) (cents) |
13.24 |
11.49 |
1.75 |
15 % |
|
Fuel expense |
2,097 |
1,963 |
133 |
7 % |
|
Average fuel price per gallon |
2.79 |
2.04 |
0.75 |
37 % |
|
Adjusted net debt |
20,863 |
10,198 |
10,664 |
NM |
Top Copyright Photo: Delta Air Lines Airbus A330-941 N409DX (msn 1983) SEA (Michael B. Ing). Image: 956544.
Delta aircraft slide show (Airbus):
Delta aircraft photo gallery (Airbus):
On March 30, 2022, STV joined Delta Air Lines and Los Angeles World Airports to celebrate the official opening of the new central headhouse connecting Terminals 2 and 3 at Los Angeles International Airport (LAX). The ribbon-cutting ceremony marked the completion of phase 1 of the Delta Sky Way at LAX program. STV, in joint venture with Satterfield & Pontikes Construction, is performing program and project management, baggage handling system management, scheduling, financial controls, change and contracts management, and tenant move management services for the program: a $2+ billion initiative that will enhance terminals 2 and 3 of LAX ahead of the 2028 Olympic and Paralympic Games in Los Angeles.
L to R: STV Project Director Bruno Piana, Satterfield & Pontikes Construction President Clay Morel and Executive Vice President Frank Roetzel, STV Senior Vice President and National Aviation Practice Lead Joe Thompson
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