Ed Bastian Opposed to the privatization of air traffic control “There’s been a lot of work that’s being done in Washington around the ATC reform topic and yes, we at the table. We are working constructively with Chairman Shuster. We’re … Continued
Ed Bastian – Chief Executive Officer Glen Hauenstein Pace of recovery a little slower than anticipated but seeing improvement ” while the pace of the revenue recovery was a bit slower than what we had originally anticipated, we are continuing … Continued
Delta Air Lines’ (DAL) CEO Ed Bastian on Q4 2016 Results $7 billion of operating cash flow in 2016 “Financially, we produced $6.1 billion of pretax profits, 16.5% operating margin and a 26% pretax return on invested capital. It looks … Continued
Delta Air Lines’ (DAL) CEO Ed Bastian on Q3 2016 Results We have had a few incidents with exploding phones “Well Doug, it is a challenge but I don’t want it to be blown out of proportion either. We’ve had … Continued
Delta Air Lines’ (DAL) CEO Ed Bastian on Q2 2016 Results Taking out capacity to fight unit revenue headwinds “Despite our strong results, we continue to face persistent headwinds on our unit revenues on a number of fronts that we … Continued
Ed Bastian New CEO “I’ve been asked many times over the last couple of months as I take over as CEO as to what my priorities will be as we look to the future. Our goal as a team will … Continued
Delta Air Lines’ (DAL) CEO Richard Anderson on Q4 2015 Results Lower crude prices put pressure on ability to drive revenue growth “it certainly push additional pressure on getting to a positive RASM result and we made those comments this … Continued
Our performance puts us along side companies like 3M and Lockheed “These types of results investors expect from a high quality industrial company like Delta, our metrics rank among the top 10% of S&P Industrials. Our free cash flow performance … Continued
Andrew Sohn, a junior at Columbia University, has started to contribute to Avondale’s company notes database. Below are quotes from some of the calls that Andrew has read this week. SKIS- Timothy Boyd, President and CEO Macroeconomic headwinds … Continued
22% y/y EPS growth “We maintained our revenue base despite an 18% decline in fuel prices, which allowed us to expand our pre-tax margin by 200 basis points, improving earnings per share by 22% year-on-year and generated free cash flow … Continued