Delta Airlines
Delta Air Lines, Inc. is a major American airline and one of the oldest and largest in the United States.
Company Overview
- Country USA
- Website delta.com
- Callsign Delta
- Codes DL DAL
- Founded: March 2, 1925, as Huff Daland Dusters, the world’s first aerial crop-dusting company.
- Headquarters: Atlanta, Georgia, USA.
- CEO: Edward H. Bastian (since May 2, 2016).
- Employees: Approximately 100,000 as of the end of 2023
Operations
- Daily Flights: Operates over 5,400 flights daily.
- Destinations: Serves 325 destinations in 52 countries across six continents
- Hubs: Major hubs include Atlanta, Amsterdam, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita
Financial Performance
- Revenue: Reported $54.7 billion in revenue for 2023, a 20% increase from 2022.
- Market Value: As of June 2024, Delta’s market value was $31.84 billion
Historical Milestones
- First Passenger Flights: Began passenger operations in 1929 from Dallas, Texas
- Frequent Flyer Program: Launched its first frequent flyer program in 1981, which became SkyMiles in 1995
- Mergers and Acquisitions: Merged with Western Airlines in 1987 and acquired Northwest Airlines in 2008
Strategic Initiatives
- Fleet Expansion: Announced the purchase of twenty Airbus A350-1000s with options for twenty additional aircraft, scheduled for delivery starting in 2026
- Vertical Integration: Owns a refinery to manage fuel costs and ensure fuel quality
Competitive Position
- Market Share: Holds a 17.5% market share in the U.S. aviation industry, making it one of the leading airlines
- Awards: Recognized as North America’s most on-time airline and has received multiple awards for operational excellence and customer service
Delta Air Lines continues to be a significant player in the global aviation industry, known for its extensive network, customer-centric approach, and strategic initiatives aimed at maintaining its competitive edge.