Delta

Delta Upgrades Its SkyMiles Financing Deal to $9 Billion

Delta Upgrades Its SkyMiles Financing Deal to $9 Billion

Delta Air Lines, which last week said it plans to issue a private-note offering to raise $6.5 billion backed by its SkyMiles frequent-flyer program, now says it will increase the total proceeds of the deal to $9 billion, an increase of $2.5 billion.
The Atlanta-based carrier said it expects to issue $2.5 billion in 4.5% senior secured notes that are due in 2025 and $3.5 billion in 4.75% senior secured notes …

Delta to Raise $6.5 Billion Backed by its SkyMiles Frequent-Flyer Program

Delta to Raise $6.5 Billion Backed by its SkyMiles Frequent-Flyer Program

Delta Air Lines said it plans to issue a private-note offering to raise $6.5 billion backed by its SkyMiles frequent-flyer program.
The move makes Delta the third carrier to leverage its frequent-flyer program to raise cash.
Airlines have been bleeding cash amidst the pandemic-induced downturn in travel and Delta is burning through $27 million a day, its chief financial officer, Paul Jacobson, said, last week.
The notes will be issued by Delta and …

Another Delta Flight Returns to the Gate to Remove Maskless Passenger

Another Delta Flight Returns to the Gate to Remove Maskless Passenger

A Delta Air Lines flight departing Detroit for Los Angeles returned to the gate Saturday evening in order to offload a passenger who refused to wear a mask.
Delta Flight 201 was scheduled to depart Detroit Metro Wayne County Airport at 8:15 p.m. local time and was delayed by 47 minutes by the incident. The flight arrived in Los Angeles at 10:31 p.m. PST, 28 minutes later than scheduled.
The flight “returned …

Delta Says It Will Not Need to Furlough Any Flight Attendants

Delta Says It Will Not Need to Furlough Any Flight Attendants

Delta Air Lines said Friday that it will not furlough any of its flight attendants come October, even though its main competitors have announced plans to lay off several thousand.
Although the airline previously said it would furlough up to 2,000 pilots, the need to lay off flight attendants was ameliorated after a sufficient number of employees including flight attendants volunteered to take leaves or early exit packages.
“With the overwhelming response …

Hawaiian Airlines Latest to Drop Ticket Change Fees

Hawaiian Airlines Latest to Drop Ticket Change Fees

Hawaiian Airlines said it would eliminate ticket change fees on all of its flights.  This includes flights linking Hawaii and the mainland, international destinations, and inter-island flights within the state.
The move comes days American Airlines, Delta Air Lines, and later Alaska Airlines followed United’s lead on Sunday in doing so, as carrier attempt to entice travelers to return to the skies amidst the coronavirus pandemic.
The change applies to tickets purchased …

Alaska Air Follows Rivals, Eliminates Ticket Change Fees

Alaska Air Follows Rivals, Eliminates Ticket Change Fees

Alaska Airlines, the nation’s fifth largest carrier, announced it will permanently eliminate its standard $125 ticket change fee on all bookings except for its basic economy fares, known as “Saver” fares.
The move comes one day after American Airlines and Delta Air Lines followed United’s lead on Sunday in doing so, as carrier attempt to entice travelers to return to the skies amidst the coronavirus pandemic.
The change applies to all Alaska …

American, Delta End Most Change Fees

American, Delta End Most Change Fees

American Airlines and Delta Air Lines said Monday that they were ending the practice of charging change fees on most domestic flights.
The move comes on the heels of United Airlines’ announcement Sunday that it had permanently ended flight change fees for all domestic flights except for basic-economy tickets.
American, the world’s largest airline, will drop fees for transborder international flights as well as those to the Caribbean, as well as for …