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-05.13.24

Airborne-NextGen-05.14.24

 Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

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

Classic Aero-TV: Remembering Bob Hoover

From 2023 (YouTube Version): Legacy of a Titan Robert (Bob) Anderson Hoover was a fighter pilot, test pilot, flight instructor, and air show superstar. More so, Bob Hoover was an i>[...]

ANN FAQ: Follow Us On Instagram!

Get The Latest in Aviation News NOW on Instagram Are you on Instagram yet? It's been around for a few years, quietly picking up traction mostly thanks to everybody's new obsession >[...]

ANN's Daily Aero-Linx (05.15.24)

Aero Linx: B-52H Stratofortress The B-52H Stratofortress is a long-range, heavy bomber that can perform a variety of missions. The bomber is capable of flying at high subsonic spee>[...]

ANN's Daily Aero-Term (05.15.24):Altimeter Setting

Altimeter Setting The barometric pressure reading used to adjust a pressure altimeter for variations in existing atmospheric pressure or to the standard altimeter setting (29.92).>[...]

Aero-News: Quote of the Day (05.16.24)

"Knowing that we play an active part in bettering people's lives is extremely rewarding. My team and I are very thankful for the opportunity to be here and to help in any way we ca>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.17.24: Hummingbird 'Best', Cavorite Flies, Starliner Update

Airborne Affordable Flyers 05.16.24: PRA Runway, Wag-Aero Sold, Young Eagles

Airborne 05.15.24: Ghost Sq MidAir, B-2 Junked, Dream Chaser Readies

See All

Advertisement

Podcasts

Advertisement

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