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Analysis-US Airlines See Stronger Profits as Airfare War Ends

October 31, 2024

By Rajesh Kumar Singh CHICAGO (Reuters) - U.S. airlines appear to have rediscovered their mojo, thanks to a sharp reduction in capacity that plagued the market this summer. Airfares have turned higher, and airline stocks are now outperforming the broader market. That improvement was one reason why American Airlines lifted its full-year profit forecast. It led to a surprise third-quarter profit at Southwest Airlines and has put Delta Air Lines on track to deliver one of the most profitable fourth quarters in its history. The NYSE Arca Airline index has gained 23% in the past three months, outpacing an 8% jump in the S&P 500 index....

Delta Sues CrowdStrike Over Software Update That Prompted Mass Flight Disruptions

October 28, 2024

By David Shepardson WASHINGTON (Reuters) -Delta Air Lines on Friday sued cybersecurity firm CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the carrier more than $500 million. Delta's lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike "catastrophic" and said the firm "forced untested and faulty updates to its customers, causing more than 8.5 million Microsoft Windows-based computers around the world to crash." The July 19 incident led to worldwide flight cancellations and hit indu...

Delta to Pause Flights Between New York and Tel Aviv Through March

Delta Airlines | October 16, 2024

October 16, 2024 - Delta Air Lines said on Tuesday it will pause its flights between New York's JFK airport and Tel Aviv through March, due to escalating conflict and safety concerns in Israel. The airline said it has issued a travel waiver for all customers who were booked on its flights to travel to and from Tel Aviv before March 31, 2025. It had earlier suspended flights to Tel Aviv through the end of 2024. Several airlines globally have suspended their services to Israel and Lebanon, while also revising schedules to avoid the Iranian and Lebanese airspace, in an attempt to ensure passenger safety as security concerns rise in the region...

Marriott International Debuts Delta Hotels Into Middle East and Africa with Delta Hotels by Marriott Jumeirah Beach, Dubai

Delta Hotels and Resorts | September 3, 2019

Marriott International today announced the official debut of Delta Hotels by Marriott into Middle East and Africa with Delta Hotels by Marriott Jumeirah Beach, Dubai. Within easy access from key business hubs including Media City, Internet City and Knowledge City, the hotel is ideally located in the heart of one of Dubai’s most vibrant destinations, the famous Jumeirah Beach Residences (JBR). With direct beach access, it rises tall between the Dubai Marina, Jumeirah Beach and The Walk, Dubai’s first shopping and dining promenade. Offering a simple and hassle-free travel experience, it allows guests to achieve a perfect balance between the...

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