Delta Airlines To Be Listed On The S&P 500 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.20.24

Airborne-Unlimited-05.28.24

Airborne-FlightTraining-05.29.24 Airborne-Unlimited-05.30.24

Airborne-Unlimited-05.24.24

Wed, Sep 11, 2013

Delta Airlines To Be Listed On The S&P 500

Company Much Improved Since 2008 Bankruptcy, 2008 Acquisition Of Northwest Airlines

Delta is now being listed on the S&P 500 index, replacing BMC Software, according to Standard and Poors. The airline was placed on the bellwether list following the close of trading Tuesday.

S&P said that BMC Software was being replaced because of its imminent purchase by Bain Capital, according to a report from Reuters. Delta has significantly improved its bottom line over the past several years after filing for bankruptcy in 2005. It has since acquired Northwest Airlines (2008), and last year purchased an oil refinery in Pennsylvania in an effort to control its fuel costs. It has also put in place a fleet replacement strategy in an effort to replace older, inefficient airplanes.

Delta said in May that it would be returning $1 billion to shareholders over the next three years.

Delta is currently the second-largest airline behind United Continental. That could change if the merger of American Airlines and US Airways is allowed to proceed.

FMI: www.standardandpoors.com

Advertisement

More News

Aero-News: Quote of the Day (05.28.24)

"Clearing this certification hurdle is a major step forward in providing European CJ customers with a solution that not only enhances their aircraft operations but can also extend >[...]

ANN's Daily Aero-Term (05.28.24): Permanent Echo

Permanent Echo Radar signals reflected from fixed objects on the earth's surface; e.g., buildings, towers, terrain. Permanent echoes are distinguished from “ground clutter&rd>[...]

ANN's Daily Aero-Linx (05.28.24)

Aero Linx: Vintage Sailplane Association The purpose of the Vintage Sailplane Association (VSA) is to promote the acquisition, restoration and flying of vintage sailplanes by its m>[...]

Airborne-NextGen 05.21.24: ‘Liberty Lifter’, Cavorite Flies!, Eurodrone

Also: AMA National Fun Fly, Skyfire SF2, Echodyne Gets BVLOS, Av Meteorology Reference General Atomics' run at developing the Liberty Lifter ground effect aircraft has been put to >[...]

Airborne 05.24.24: NPS Kills Rushmore Flyover, VAI v NYC, New Reno Home-Roswell!

Also: Samson Sky, CAF Great Plains Wing, New Cert Standards, Flying Start Day There are, occasionally, blisteringly dunderheaded bits of governmental incompetence to be found with >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC