Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Delta Air Lines    DAL

DELTA AIR LINES (DAL)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweetsMarketScreener Strategies

Delta Air Lines : Virgin Atlantic could face pilots' strike over benefits

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/08/2018 | 09:43pm CET
FILE PHOTO: A Virgin Atlantic Airbus comes in to land at Heathrow aiport in London

LONDON (Reuters) - Britain's Virgin Atlantic could face industrial action from some of its pilots after a union representing over half of them said it is preparing to ballot members over strike action.

The airline, whose main business is UK-to-U.S. flights and which is owned by Richard Branson's Virgin Group and U.S. airline Delta, has refused to negotiate with the Professional Pilots Union (PPU) in a deal over benefits, the union says.

The PPU represents 450 of the company's 800 pilots but Virgin Atlantic has only negotiated with rival union BALPA, says the PPU.

"(The) union is threatening strike action unless the company include them in the negotiations and scrap the (benefits) review," the PPU said in a statement on Thursday.

A spokeswoman for Virgin Atlantic said there was currently no strike action planned and added that it could work with the PPU in future if it dropped a demand.

"We've always been willing in principle to recognise the PPU, but we won't agree to their demand that we derecognise BALPA, and disenfranchise the hundreds of pilots who belong to this union," she said in an emailed statement.

Air France-KLM is due to buy 31 percent of the airline from Virgin Group, making it the second-largest shareholder after Delta, in a deal expected to complete in 2019.

(Reporting by Sarah Young; editing by Stephen Addison)

Stocks mentioned in the article
ChangeLast1st jan.
AIR FRANCE-KLM 1.74% 9.816 Real-time Quote.-28.95%
DELTA AIR LINES -0.36% 55.9 Delayed Quote.-0.18%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DELTA AIR LINES
12:51pDELTA AIR LINES : orders 10 additional Airbus A330-900s
AQ
09:28aDELTA AIR LINES : Stake Lifted by ARP Americas LP
AQ
09:27aDELTA AIR LINES : places A330-900 order with Airbus
AQ
11/17DELTA AIR LINES : to occupy new concourse at Will Rogers World Airport
AQ
11/17DELTA AIR LINES : IBM Retirement Fund Trims Stake in Delta Air Lines, Inc. (DAL)
AQ
11/16DELTA AIR LINES : Aviation Education Building dedicated to Auburn University fol..
PU
11/16Delta adds ten A330neo in boost to Airbus' slow-selling jet
RE
11/16Delta adds 10 A330neo in boost to Airbus' slow-selling jet
RE
11/16DELTA AIR LINES : extends travel waiver for New York metros (Article)
PU
11/16DELTA AIR LINES : to launch New York-LGA to Key West, boosting seasonal offering..
PU
More news
News from SeekingAlpha
08:07aCredit Suisse bullish on Delta Air Lines 
11/18SOUTHWEST AIRLINE : Intrinsically Cheap But Is Now The Time To Buy? 
11/16Delta orders 10 A330neo jets in boost to Airbus slow seller 
11/16The Impact Of Dividend Increases Through September Of 2018 
11/15Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q3 2018 Update 
Financials ($)
Sales 2018 44 534 M
EBIT 2018 5 333 M
Net income 2018 3 891 M
Debt 2018 7 605 M
Yield 2018 2,31%
P/E ratio 2018 9,98
P/E ratio 2019 8,74
EV / Sales 2018 1,03x
EV / Sales 2019 0,95x
Capitalization 38 326 M
Chart DELTA AIR LINES
Duration : Period :
Delta Air Lines Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DELTA AIR LINES
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 67,8 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Edward Herman Bastian Chief Executive Officer & Non-Independent Director
Glen William Hauenstein President
Francis S. Blake Non-Executive Chairman
Wayne Gilbert West Chief Operating Officer & Senior Executive VP
Paul A. Jacobson Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
DELTA AIR LINES-0.18%38 326
UNITED CONTINENTAL HOLDINGS INC36.88%25 138
INTERNATIONAL CONSOLIDATED AIRLINES GROUP-2.55%16 202
AIR CHINA LTD.-33.28%16 120
RYANAIR HOLDINGS PLC-20.85%15 342
JAPAN AIRLINES CO LTD-5.38%13 008