Delta Air Lines Option Alert: Jul 18 $70 Calls at the Bid: 2300 vs 302 OI; Earnings 4/9 Before Open [est] 

Delta Air Lines Option Alert: Jul 18 $70 Calls at the Bid: 2300 @ $4.01 vs 302 OI; Earnings 4/9 Before Open [est] Ref=$63.3284

Delta Air Lines Option Alert: Apr 17 $70 Calls Sweep (6) near the Bid: 2938 vs 10958 OI; Earnings 4/9 Before Open [est] 

Delta Air Lines Option Alert: Apr 17 $70 Calls Sweep (6) near the Bid: 2938 @ $1.865 vs 10958 OI; Earnings 4/9 Before Open [est] Ref=$62.885

Delta Air Lines Option Alert: Apr 17 $65 Puts Sweep (44) near the Ask: 1501 vs 8782 OI; Earnings 4/9 Before Open [est] 

Delta Air Lines Option Alert: Apr 17 $65 Puts Sweep (44) near the Ask: 1501 @ $5.196 vs 8782 OI; Earnings 4/9 Before Open [est] Ref=$63.3

Delta Air Lines Option Alert: Apr 17 $60 Puts Sweep (63) near the Bid: 2363 vs 2011 OI; Earnings 4/9 Before Open [est] 

Delta Air Lines Option Alert: Apr 17 $60 Puts Sweep (63) near the Bid: 2363 @ $2.44 vs 2011 OI; Earnings 4/9 Before Open [est] Ref=$64.13

Delta Air Lines (NYSE:DAL) 주식

Delta Air Lines

Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean.

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도널드 트럼프 대통령이 2024년 타임지의 올해의 인물로 선정되었고, 2025년 타임지 선정 가장 영향력 있는 100인 목록에도 이름을 올렸다.트럼프와 J.D. 밴스, 로버트 F. 케네디 주니어, 하비에르 밀레이와 같은 정치 지도자들 외에도 이 목록에는 여러 상장 미국 기업의 CEO들이 포함되어 있다.

타임지 &#39;올해 가장 영향력 있는 100人&#39;에 일론 머스크, 마크 저커버그, 알렉스 카프 등 선정

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CNN 머니 공포·탐욕 지수는 화요일(8일) &#39;극단적 공포&#39; 영역에 머물러 있는 가운데 전반적인 공포 수준이 상승한 것으로 나타났다.

미중 무역 긴장 속 다우 300p ↓, 애플·테슬라·엔비디아·아마존 줄줄이 하락: 탐욕 지수는 &#39;극단적 공포&#39; 유지

Delta Air Lines Jet Overturns At Toronto Pearson Airport Amid Snowstorm — 18 Injured, 3 Critical

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수요일(9일) 아침 미국 지수 선물이 하락하는 가운데 오늘 투자자들의 관심을 끌 만한 주식은 다음과 같다. 델타항공, 쿠라 스시, 더 심플리 굿 푸드, 에흐르 테스트 및 컨스텔레이션 브랜즈

수요일 주목해야 할 주식: 델타항공, 쿠라 스시, 더 심플리 굿 푸드, 에흐르 테스트 및 컨스텔레이션 브랜즈

Delta Air Lines Inc

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SPARTAN DELTA CORP NEW by SPARTAN DELTA CORP.

Spartan Delta Corp

Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) and Korean Air announced on Friday that they will be purchasing minority stakes worth a combined $550 million<a href="https://www.benzinga.com/pressreleases/25/05/n45315015/delta-korean-air-to-strengthen-partnerships-with-westjet"> in Canadian carrier WestJet</a>.
This strategic move has Delta acquiring a 15% interest for $330 million, while Korean Air secures a 10% share for $220 million, expanding their long-standing partnerships with WestJet.
The equity purchases come as part of an agreement with Onex Partners, a division of Canadian investment firm Onex Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ONEXF#OTC">ONEXF</a>), alongside its associated funds and co-investors. These new investments are intended to enhance airline cooperation, improve passenger services and strengthen routes across Canada, North America, Europe and Asia.
Related: <a target="_blank" href="https://www.benzinga.com/25/04/44746850/bofa-slashes-delta-air-lines-estimates-for-2025-and-beyond-amid-capacity-and-revenue-challenges" rel="noreferrer noopener">BofA Slashes Delta Air Lines Estimates For 2025 And Beyond Amid Capacity, Revenue Challenges</a>
Delta CEO Ed Bastian emphasized that investing in WestJet aligns Delta's priorities by offering a stronger global network and better passenger experiences across U.S. and Canadian routes. Meanwhile, Korean Air's CEO Walter Cho highlighted the importance of this investment in boosting transpacific connectivity and delivering greater convenience for travelers.
Following the completion of the transaction, Delta intends to transfer a 2.3% stake in WestJet to its joint venture partner Air France-KLM ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AFLYY#OTC">AFLYY</a>) for $50 million, subject to approvals. Despite these equity changes, Onex will retain control of WestJet, which is headquartered in Calgary, Alberta.
The three airlines already share a history of codeshare agreements, providing passengers with flight options across continents.
DAL, ONEXF Price Actions: Delta shares were trading higher 0.47% at $48.77, and Onex&nbsp;was up 0.27% at $73.19 at publication on Friday.
Also Read: • <a href="https://www.benzinga.com/news/25/05/45202756/airline-stocks-climb-as-oil-prices-drop-on-opec-output-hike" target="_blank" rel="noreferrer noopener">Airline Stocks Climb As Oil Prices Drop On OPEC+ Output Hike</a>
Photo: A. Michael Brown via Shutterstock

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Delta, Korean Air Invest $550 Million In WestJet To Boost Global Airline Power

<ul>
<li>Delta and Korean to acquire independent equity stakes totaling 25% in&nbsp;WestJet for US$550 million from Onex Partners and its affiliated funds and co-investors (the "Onex Group")</li>
<li>Agreement will further align airlines' interests, expand customer benefits and strengthen connectivity between Canada and North America, Europe and Asia and beyond</li>
</ul>
CALGARY, AB, May 9, 2025 /PRNewswire/ - Delta Air Lines and Korean Air will strengthen their respective partnerships with&nbsp;WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle market private equity platform of Onex, a Canadian investor and alternative asset manager. Affiliated funds and co-investors of the Onex Group intend to participate in the sale alongside Onex Partners. These investments build on each airline's existing relationship with WestJet to provide further benefits to customers in North America, Europe, Asia and beyond.
Under the agreements announced today, Delta and Korean will acquire independent equity stakes totaling 25% in WestJet. Delta will be investing US$330 million and acquiring a 15% stake, and Korean will invest US$220 million in exchange for a 10% stake.
Upon closing, Delta has the right and intent to sell and transfer a 2.3% stake in WestJet to its Joint Venture partner Air France-KLM, also an existing WestJet partner, in exchange for US$50 million. This separate transaction would remain subject to certain Air France-KLM approvals. The Onex Group will continue to own and control Calgary, Alberta-based WestJet.
Delta and Korean have each been codeshare partners with WestJet for years. The broader partnerships will support future benefits for travelers, including an elevated, more seamless travel experience for customers worldwide.

Delta Air Lines And Korean Air To Acquire Independent Equity Stakes Totaling 25% In WestJet For US$550M From Onex Group

Under the agreements announced today, Delta and Korean will acquire independent equity stakes totaling 25% in WestJet. Delta will be investing US$330 million and acquiring a 15% stake, and Korean will invest US$220 million in exchange for a 10% stake.&nbsp;
Upon closing, Delta has the right and intent to sell and transfer a 2.3% stake in WestJet to its Joint Venture partner Air France-KLM, also an existing WestJet partner, in exchange for US$50 million. This separate transaction would remain subject to certain Air France-KLM approvals. The Onex Group will continue to own and control Calgary, Alberta-based WestJet.

Delta To Acquire 15% Stake, Korean Air 10% In WestJet From Onex Group For $550M

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Shares of airline stocks are higher. The Trump administration has reportedly proposed its new air traffic control system plans.

UBS analyst Thomas Wadewitz maintains Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) with a Neutral and raises the price target from $42 to $46.

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UBS Maintains Neutral on Delta Air Lines, Raises Price Target to $46

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President Trump Says Now In Market To Buy Brand New Air Traffic Control System; Going Out To Bid Very Soon; ATC System Would Cover Entire World

President Trump Says Will Talk Soon With Heads Of Airlines

Shares of major U.S. airlines rose Monday as oil prices fell following OPEC+'s decision to ramp up production. American Airlines Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) surged 3.56% to $10.94, Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) gained 3.12% to $45.67, and United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) rose 2.2% to $75.70.
What To Know: The rally comes after WTI crude futures <a href="https://www.benzinga.com/news/earnings/25/05/45194998/saudi-arabias-oil-power-play-jolts-markets-can-diamondback-and-rivals-survive-the-squeeze">dropped nearly 2%</a>, settling just below $57 per barrel. The decline was triggered by OPEC+'s announcement that it will increase oil production by 411,000 barrels per day in June, adding to similar hikes in April and May.
Altogether, the bloc has reversed nearly half of the voluntary cuts made since 2022, aiming to discipline overproducing members like Iraq and Kazakhstan and reclaim market share.
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Lower oil prices are a major tailwind for airlines, which count jet fuel—closely tied to crude prices—as one of their largest operating expenses. Falling fuel costs can significantly improve profit margins, especially for carriers operating on thin margins like American.
With oil now trading well below the <a href="https://www.benzinga.com/news/earnings/25/05/45194998/saudi-arabias-oil-power-play-jolts-markets-can-diamondback-and-rivals-survive-the-squeeze">$65 per barrel</a> threshold, investors on Monday are likely betting that airlines will benefit disproportionately from the energy market shift—explaining Monday's broad gains across the sector.
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Airline Stocks Climb As Oil Prices Drop On OPEC+ Output Hike

RYAAY

Shares of airline companies are trading higher amid a drop in the price of crude.

The U.S. services sector grew at its slowest pace in over 17 months in April, while inflationary pressures surged to an over two-year high, highlighting a troubling combination of weakening demand and rising costs fueled by trade tariff disruptions that could complicate the <a href="https://www.benzinga.com/topic/federal-reserve">Federal Reserve's path forward.</a>
According to data released Monday by the Institute for Supply Management (ISM), the Services Purchasing Managers' Index (PMI) edged up from 50.8% in March to 51.6% in April, slightly above economists&#8217; expectations of 50.6. While this reading suggests continued growth, it&#8217;s the slowest expansion in activity since late 2023.
<h3 class="wp-block-heading">Pricing Pressures Intensify Despite Tepid Growth</h3>
ISM's subindex for prices paid, a key inflation gauge, jumped sharply from 60.9% in March to 65.1% in April, reaching the highest level since February 2023. 
This spike reflects intensifying cost pressures across the service economy, driven partly by rising import prices and the pass-through effects of tariffs.
&#8220;Regarding tariffs, respondents cited actual pricing impacts as concerns, more so than uncertainty and future pressures," said Steve Miller, chair of ISM's Services Business Survey Committee.
 "Respondents continue to mention federal agency budget cuts as a drag on business, but overall, results are improving."
The index for new orders rose from 50.4% to 52.3%, while the employment component climbed from 46.2% to 49% — still signaling contraction, but a less severe one.
 Business activity, however, moderated from 55.9 to 53.7, its softest growth pace since January, though it still marked the 59th consecutive month of expansion.
<h3 class="wp-block-heading">S&amp;P Global Flags Stalling Momentum, Stagflation Risks</h3>
S&amp;P Global&#8217;s separate reading on the U.S. services sector painted a less optimistic picture. 
The firm downwardly revised its final Services PMI for April from a preliminary estimates of 51.4 points to 50.8 points, a steep decline from March&#8217;s 54.4 and the lowest since November 2022.
"While tariff announcements mean manufacturing dominates the news, a worrying backstory is developing in the vastly larger services economy," said Chris Williamson, chief business economist at S&amp;P Global. 
"Business activity and hiring have come closer to stalling in April amid plunging business confidence."
Williamson indicated that services exports are falling at their fastest rate since 2022, while domestic demand appears to be softening. 
He added that tariffs are pushing up input costs, especially in consumer-facing sectors like restaurants and hospitality, and warned of the growing threat of stagflation, a toxic mix of stagnant growth and rising inflation.
S&amp;P Global's Composite PMI, which blends manufacturing and services activity to gauge overall private-sector performance, was also revised down from 51.2 to 50.6 in April. 
That marked the weakest expansion since December 2023 and brought the index dangerously close to the 50 threshold that separates growth from contraction.
<h3 class="wp-block-heading">Market Reactions</h3>
Stocks remained broadly unaltered following the PMI releases. 
The S&amp;P 500 index held losses of 0.5%, trading at 5,655 points by 10:20 a.m. ET, potentially ending a 9-day winning streak. The Nasdaq 100 — as tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) — slipped 0.7%, dipping below the 20,000 mark, while the Dow Jones Industrial Average trimmed earlier losses to trade down 0.2%.
Within the S&amp;P 500, United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) and EQT Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) were top gainers, each up around 3%. 
On the downside, Zimmer Biomet Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZBH#NYSE">ZBH</a>), Tyson Foods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) and ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) were among the steepest losers, all sliding roughly 9% on the session.
The U.S. dollar index – as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – trimmed losses after the PMI reports, as higher price pressures led traders to scale back bets on Federal Reserve rate cuts. Meanwhile, the 10-year Treasury yield rose by 4 basis points to 4.35%.
According to CME Group FedWatch, now there is only a 29% chance of a 25-basis-point cut by June, down from 35% on Friday.
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Services Activity Barely Expands In April As Price Pressures Spike To Over 2-Year Highs: 'A Worrying Backstory Is Developing'

JOET

Live On CNBC, Joe Terranova ETF Announces Sold Chipotle Mexican Grill; Sold Delta Air Lines

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2025/05/02/final-trades-blackstone-delta-airlines-tjx-companies-and-meta.html">Halftime Report Final Trades</a>,&#8221; Stephanie Link of Hightower Advisors named Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) as <a href="https://www.benzinga.com/quote/BX/earnings">her final trade</a>.
Meta, on April 30, reported first-quarter revenue of $42.31 billion, beating analyst estimates of $41.39 billion. The company reported first-quarter earnings of $6.43 per share, easily beating analyst estimates of $5.21 per share.
 Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Rob Sechan, CEO of NewEdge Wealth, picked Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) as his final trade.
Supporting his view, Blackstone, on April 17, reported first-quarter fiscal year segment revenues of $2.763 billion, up 8% year over year (Y/Y), beating the consensus of $2.689 billion. Distributable earnings (DE) rose 11% Y/Y to $1.41 billion. Fee-related earnings increased 9% Y/Y to $1.26 billion.
Sarat Sethi, Managing Partner at DCLA, said Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) just announced a $1 billion stock buyback plan, and it has a huge amount of free cash flow.
On the earnings front, Delta Air Lines, on April 9, posted better-than-expected first-quarter financial results.
Kevin Simpson, Capital Wealth Planning CIO, said The TJX Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) is going to benefit from tariffs.
Supporting his view, Citigroup analyst Paul Lejuez upgraded TJX Companies from Neutral to Buy on April 3 and raised the price target from $128 to $140.
Price Action:
<ul>
<li>Blackstone shares climbed 3% to close at $137.42 on Friday.</li>
<li>Delta Air Lines gained 6.5% to close at $44.20 during Friday's session.</li>
<li>TJX shares gained 1.2% to close at $129.21 on Friday.</li>
<li>Meta Platforms shares rose 4.3% to settle at $597.02.</li>
</ul>
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Image: Shutterstock

Long Ideas

Meta, Delta Air Lines, TJX And A Financial Stock On CNBC's 'Final Trades'

JetZero, a blended-wing body aircraft <a href="https://www.benzinga.com/news/25/04/45014792/trumps-700b-bet-on-ramp-the-13b-startup-poised-to-take-over-government-payments-with-25m-pilot-deal">startup</a>, has recently secured a $235 million contract from the U.S. Air Force and major investments from <a href="https://www.benzinga.com/25/04/44832743/why-united-airlines-shares-are-trading-higher-by-over-6-here-are-20-stocks-moving-premarket">United Airlines</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>).
The company <a href="https://www.jetzero.aero/united-investment-announcement">said</a> the aircraft has the potential to cut fuel burn by up to 50% per passenger mile, while comfortably seating 250 passengers and flying up to 5,000 nautical miles.
<h2 class="wp-block-heading">JetZero's Path to Commercial Flight and Military Utility</h2>
JetZero's flagship aircraft, the Z4, is a high-capacity commercial plane designed to reshape both civilian and military aviation. With a demo flight scheduled for 2027, the Z4 targets long-haul commercial routes but also offers military potential, according to the <a href="https://www.jetzero.aero/united-investment-announcement">company</a>. The aircraft has multiple configurations including cargo transport and refueling tankers, two use cases that account for around 60% of the U.S. Air Force's total jet fuel consumption.
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The Air Force's $235 million contract is meant to accelerate the development of JetZero's demonstrator aircraft and airframe technologies. JetZero is working closely with the Air Force, NASA, and the Federal Aviation Administration, which places it at the intersection of federal defense, aviation research, and commercial innovation.
In addition to military support, JetZero's commercial ambitions are gaining serious momentum, with United entering into a conditional agreement to order up to 100 aircraft, along with an option for 100 more.&nbsp;
<h2 class="wp-block-heading">Rethinking the Passenger Experience</h2>
Besides the focus on fuel savings, the aircraft's blended wing structure introduces a completely reimagined cabin layout. The company <a href="https://www.jetzero.aero/united-investment-announcement">said</a> that plans for the interior include larger, flexible seating, wider aisles, handicap-accessible lavatories, and dedicated overhead bins for each seat. The design also streamlines boarding, thanks to a wide main entrance and multiple aisles, reducing crowding and speeding up passenger flow.
The aircraft will run on conventional jet engines but is also compatible with sustainable aviation fuel blends. This opens the door to dramatic cuts in carbon emissions without requiring immediate overhauls of fueling infrastructure.
Trending: Donald Trump Just Announced a $500 Billion AI Infrastructure Deal — <a href="https://www.benzinga.com/money/seize-a-share-while-you-still-can-in-the-2-trillion-entertainment-market-with-elf-labs-at-just-2-25-share">Here's How You Can Invest in the Entertainment Market's Next Big Disruptor for Just $998</a>
<h2 class="wp-block-heading">United And Delta Bring Commercial Aviation Expertise</h2>
JetZero's technology got a major boost when United and Delta airlines became strategic partners. While United has invested in the startup through its corporate venture arm, United Airlines Ventures, Delta supports the company with operational expertise and design collaboration.
Andrew Chang, managing director of United Airlines Ventures, <a href="https://www.jetzero.aero/united-investment-announcement">emphasized</a> the airline's vision: &#8220;If successful, JetZero has the potential to evolve our core mainline business by developing aircraft with a bigger, more comfortable cabin experience for our customers while increasing fuel efficiency across our network.&#8221;
Delta <a href="https://news.delta.com/delta-jetzero-partner-design-future-air-travel">said</a> it has also stepped in to co-develop the aircraft with JetZero, collaborating on everything from seating layout to operational integration. The airline's goal is to help push forward new technologies that align with its decarbonization efforts and improve the customer experience, it added.&nbsp;
See Also: Shark Tank's Kevin O'Leary called Missing Ring his biggest mistake — Don't repeat history—<a href="https://www.benzinga.com/money/big-tech-has-spent-billions-acquiring-ai-smart-home-startups-one-company-stands-to-benefit-and-has-already-made-10-million">invest in RYSE at just $1.90/share.</a>
<h2 class="wp-block-heading">JetZero&#8217;s Z4 is Optimized for Modern Airports and Airline Networks</h2>
Unlike other radical aircraft concepts, JetZero's Z4 is designed to integrate seamlessly into today's airport systems. The company is planning a strategic rollout that matches the operational reality of existing airline networks, avoiding costly infrastructure upgrades while maximizing adoption potential.
&#8220;JetZero is focused on one key technology – the airframe – that enables us to address all of the barriers to growth. This program is the only one in development today that promises efficiency and an elevated customer experience," Tom O'Leary, JetZero's CEO and co-founder, said.
With powerhouse partners like United, Delta, and the U.S. military behind it, JetZero may radically change the future of air travel. Between passenger experience upgrades, aggressive fuel efficiency goals, and sustainability targets, the startup is gaining altitude fast in both commercial and defense sectors.
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JetZero Secures $235M U.S. Air Force Contract As United Airlines Eyes 200 Orders For Revolutionary Blended-Wing Aircraft

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Delta Air Lines shares are trading higher after the company announced that its board of directors has authorized a $1 billion share repurchase program.

Today Delta Air Lines, Inc. ("Delta") announced that its Board of Directors has authorized a $1 billion share repurchase program to be completed no later than&nbsp;June 30, 2028. When combined with the current quarterly dividend, Delta plans to return over $2 billion to shareholders over the next three years.
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This plan is consistent with the capital allocation framework introduced at Delta's November 2024 Investor Day, including a long-term gross leverage target of 1x and unencumbered assets in excess of $40 billion. Delta's capital allocation priorities remain reinvesting in the business, reducing financial risk through debt reduction and increasing shareholder returns as leverage targets are approached.
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The Board of Directors is authorizing opportunistic share repurchases to enable flexibility during times of market volatility and is committed to steady dividend growth. Historically, Delta reassesses the level of its quarterly dividend payout at the June Board of Directors meeting.
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The authorization reflects the Board's confidence in Delta's durable financial foundation, including strong cash flow generation and an investment-grade balance sheet that has recently achieved its highest credit ratings in the last 30 years.

Buybacks

Delta Air Lines Announces That Its Board Of Directors Has Authorized A $1B Share Repurchase Program To Be Completed No Later Than June 30, 2028

<a href="https://www.youtube.com/watch?v=EG2bv8Cjg28">https://www.youtube.com/watch?v=EG2bv8Cjg28</a>
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Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) shares traded as low as $39.94 on Wednesday as investors reacted to weaker-than-expected results from Norwegian Cruise Line Holdings that reignited concerns about discretionary travel demand amid mounting <a href="https://www.benzinga.com/news/econ-s/25/04/45108426/as-growth-falters-sentiment-slips-economist-says-risks-to-the-economic-outlook-are-increasing">economic headwinds</a>.
What To Know: Norwegian missed EPS and revenue estimates for the first quarter, posting a 56% year-over-year decline in EPS and <a href="https://www.benzinga.com/news/earnings/25/04/45106948/norwegian-cruise-line-tumbles-after-earnings-miss-still-confident-in-2025-guidance">slightly weaker sales</a>. Despite reaffirming its full-year guidance, the cruise operator reported softening booking trends and a modest downward revision in forward net yield growth.
Notably, management cited macroeconomic volatility, foreign exchange losses and changing consumer behavior — such as lower air-inclusive package participation — as key pressures.
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While Delta is not in the cruise sector, its core business of premium air travel closely correlates with consumer discretionary spending on leisure and vacation-related travel.
Norwegian's commentary on reduced passenger air participation and a weaker 12-month forward booking position raised red flags about the resilience of U.S. outbound travel demand, particularly for higher-cost international routes.
Coupled with broader concerns about an economic slowdown following this morning's <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/45100047/recession-odds-spike-wall-street-tumbles-as-q1-gdp-surprisingly-contracts-be-patient-trump-responds">negative GDP surprise</a>, Delta and other travel-exposed stocks faced renewed selling pressure.
Read Also: <a href="https://www.benzinga.com/25/04/45104438/starbucks-stock-tumbles-on-q2-earnings-ceo-says-progress-is-happening-below-the-surface">Starbucks Stock Tumbles On Q2 Earnings, CEO Says Progress Is Happening &#8216;Below The Surface&#8217;</a>
<h2 class="wp-block-heading">How To Buy DAL Stock</h2>
By now you're likely curious about how to participate in the market for Delta Air Lines &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of Delta Air Lines, which is trading at $41.4 as of publishing time, $100 would buy you 2.42 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, DAL has a 52-week high of $69.98 and a 52-week low of $34.74. Delta Air Lines stock was down 1.34% at $41.52 at the time of publication Wednesday.
Photo: <a href="https://www.shutterstock.com/g/kamilpetran">kamilpetran</a>/Shutterstock.

Movers

Delta Air Lines Shares Fall As Travel Demand Outlook Weakens: What's Going On?

<a href="https://news.delta.com/delta-raise-employee-pay-fourth-consecutive-year">https://news.delta.com/delta-raise-employee-pay-fourth-consecutive-year</a>

Delta Air Lines Plans To Provide A 4% Pay Raise To Eligible Employees Worldwide

American Airlines Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), Alaska Air Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) and Southwest Airlines Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) reported their quarterly results broadly in-line with the tone set by Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) and United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), according to JPMorgan.
The Airlines Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58485285ee7bf6000154d235/jamie-baker">Analyst Jamie Baker</a> maintained ratings, while cutting price targets.
<ul>
<li>American Airlines: Overweight, price target reduced from $26 to $19</li>
<li>Alaska Air Group: Overweight, price target cut from $89 to $73</li>
<li>Southwest Airlines: Underweight, price target trimmed from $30 to $23</li>
</ul>
"Low-end domestic demand is under significant pressure, premium and international remain the bright spots for now, and loyalty returns continue to help cushion the aggregate impact to earnings," Baker said in a note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
American: The company reported adjusted loss of 59 cents per share, slightly better than consensus of 69 cents per share, the analyst stated. "Passenger revenue was roughly flat, on capacity down 1pt YoY," he added. While American Airlines continue to make progress in recapturing its historical share of indirect revenue by yearend, its margin performance has been flat, Baker said.
Alaska Air Group: The company's adjusted loss came in at 77 cents per share, worse than its January guidance of between 70 and 50 cents per share, the analyst stated. "Management cited a 3pt top-line disruption from demand softness during the quarter, which (all things being equal) would have placed the company comfortably ahead of its guidance," he wrote.
Southwest: The company reported an adjusted loss of 13 cents per share. That&#8217;s better than the consensus of 18 cents per share. Total EBIT minus cost of initiatives implies an EBIT loss of $100 million — $447 million worse than in 2024, Baker said.
Price Action: At the time of publication on Friday, shares of:
<ul>
<li>American Airlines had risen by 0.30% to $9.64</li>
<li>Alaska Air had risen by 1.13% to $41.98</li>
<li>Southwest Airlines had declined by 0.95% to $26.19</li>
</ul>
Read More: 
<ul>
<li><a href="https://in.benzinga.com/25/04/44982328/american-airlines-flies-into-uncertainty-q1-revenue-miss-2025-outlook-pulled-but-debt-plan-on-track">American Airlines Flies Into Uncertainty: Q1 Revenue Miss, 2025 Outlook Pulled, But Debt Plan On Track</a></li>
</ul>
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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
02:47 PMFeb 20, 2025	CALL	$70.00	Jul 18, 2025	68	2328	2300	771	302	TRADE	BEARISH
01:57 PMFeb 20, 2025	CALL	$70.00	Apr 17, 2025	-24	2077	2938	19	10958	SWEEP	BEARISH
09:58 AMFeb 20, 2025	PUT	$65.00	Apr 17, 2025	-24	2	1501	0	8782	SWEEP	BEARISH
03:57 PMFeb 13, 2025	PUT	$60.00	Apr 17, 2025	-24	2865	2363	142	2011	SWEEP	BULLISH

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