How much is Delta in debt?

How much is Delta in debt? Total debt on the balance sheet as of June 2023 : $27.55 B According to Delta Air Lines's latest financial reports the company's total debt is $27.55 B. A company's total debt is the sum of all current and non-current debts.

Who owns most of Delta?

Institutional investors hold a majority ownership of DAL through the 72.70% of the outstanding shares that they control.

What cities will Delta no longer fly to?

Is Delta the richest airline?

By company revenue Delta Air Lines is the largest by revenue, assets value and market capitalization.

Does Delta have a lot of debt?

What Is Delta Air Lines's Net Debt? The image below, which you can click on for greater detail, shows that Delta Air Lines had debt of US$19.7b at the end of June 2023, a reduction from US$24.2b over a year. However, because it has a cash reserve of US$6.04b, its net debt is less, at about US$13.7b.

How much does Delta make a day?

How much does Delta Air Lines make a day? Delta Air Lines makes $138.6M in a day. In a single month, Delta Air Lines normally makes close to $4.2B in revenue.

Is Delta being sued?

Delta Air Lines, Inc., No. 1:20-cv-01664-ELR. What is this lawsuit about? The lawsuit alleges that Delta breached its contracts of carriage with ticketholders by refusing requests for refunds and instead providing credits for future travel on the airline for flights Delta cancelled in the wake of the COVID-19 pandemic.

How is Delta doing financially?

Revenue Environment and Outlook We delivered record revenue in the June quarter, with total revenues 19 percent higher than the June quarter of 2022. These results reflect the strength of the demand environment, the hard work of our people and the momentum of Delta's brand, said Glen Hauenstein, Delta's president.

Is it hard getting a job at Delta?

Delta Air Lines is a Fortune 500 company, making it harder to get a job than some airline competitors. The company does have a high turnover rate, so they are consistently seeking new employees; however, they are selective in who they hire. The hiring process at the company is drawn out.

Why is Delta struggling?

Despite an unprecedented hiring spree, Delta still regularly doesn't have enough pilots or flight attendants ready to operate all its flights when things go wrong. Throw in a bad storm during a busy travel week, and things can fall apart quickly.

How much do Delta pilots get paid?

The estimated total pay for a Airline Pilot at Delta Air Lines is $172,083 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $115,617 per year.

Why is Delta so understaffed?

This situation is caused mainly by the COVID-19 pandemic and the subsequent slowing of hiring and training, as well as the early retirement of thousands of pilots.