Delta Airline Paper

2149 Words5 Pages

Delta Air Lines Inc. is a company that provides scheduled air transportation for passengers as well as cargo shipments. With gateway airports in places like Amsterdam, Atlanta, Detroit, New York, Paris, Salt Lake City, Seattle, Tokyo, and many others, Delta Air Lines is a major airline that reaches all across the world and offers service to 333 destinations in 64 countries on six continents. Delta Air Lines has a number of 79,714 full time employees, and serves nearly 165 million customers each year. With a fleet of more than 700 aircraft, Delta Air Lines was named the 2014 Airline of the Year by Air Transport World magazine this year and was named to Fortune magazine’s 50 Most Admired Companies. Delta Air Line’s top executives include …show more content…

Founded in Macon, Ga., it was known as the first commercial agricultural flying company in existence. In 1925, the company expanded all over America and owned the biggest privately owned fleet of planes in the world with their 18 planes. In 1927, the company expanded to South America to Peru and was the first international mail and passenger route on the west coast of South America. In 1929, C. E. Woolman, the principal founder of Delta Air Lines, bought Huff Daland Dusters and renamed it Delta Air Service. Soon thereafter in 1929, Delta made their first passenger flights. Delta then contributed to the war effort in 1942, modifying over 1,000 airplanes, training pilots and mechanics. In 1945, Delta officially became Delta Air Lines under the new president C. E. Woolman. Delta then received the National Safety Award for more than one-half billion passenger miles without a fatality. In the 1950’s Delta started some international routes to the Caribbean and Caracas. In the 1960’s, Delta started the first jet service to transport passengers faster and more efficiently and in 1966 the founder and president of the company, C.E. Woolman died and was succeeded by Charles H. …show more content…

The stock was very good from February to March of 2016 jumping about $10 in that time period. August to September 2015 was when this stock experienced its biggest drop in the past year in which it went down nearly $8. Delta offered four different dividends: two of six cents in February and May, and two of nine cents in August and November. In 2015, Delta was able to make airline passenger counts grow in Raleigh-Durham International Airport (RDU), as well as in The Springfield-Branson National Airport. Delta was able to offer more flights and even had bigger plans in 2015 to accommodate a larger amount of people per flight: Led by strong growth at the Delta Air Lines counter, Raleigh-Durham International Airport saw its airline passenger count grow to 9.5 million in 2014 – 3.8 percent more than in 2013. (Siceloff, 1/15/15). Due to the rising passenger count in RDU, Delta and the other regional airlines were able to claim 29.6 percent share of the airport’s total business, thus the company greatly gained from this exchange. In addition to the rising consumer count in RDU, Springfield had one of its best years in 2015 as well as their best year since the economic recession: “Nearly one-million passengers traveled through the Springfield airport in 2015-- making it a record year. Over 70,000 more passengers used the Springfield airport last year than in 2014.”

More about Delta Airline Paper

Open Document