Delta Air Lines, IncNYSE: DAL

No material news in the last 48 hours.

No material news in the last 48 hours.

Berkshire Hathaway disclosed a newly initiated position of roughly 39.8 million shares valued near $2.6 billion as of quarter-end, prompting a sharp re-rating in DAL. Shares jumped 7.7% on May 20, 2026, trading in a range of $68.16-$74.95 and closing near $74. The news has triggered momentum buying and investor reassessment of the airline's long-term value. Delta also continues expanding its summer 2026 transatlantic schedule with new routes (JFK-Olbia launched May 20, JFK-Porto May 21) and declared a $0.188 cash dividend with an ex-date of May 14. Analyst median price target stands at $80 across 13 analysts. Operational tweaks include ending snack service on flights under 350 miles starting May 19.

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Berkshire Hathaway's 13F filing disclosed on May 18 revealed a fresh 39.8 million-share Delta position worth more than $2.6B, making DAL Berkshire's 14th-largest holding at quarter-end March. The disclosure marks Buffett's notable return to airline equities after exiting the sector during the pandemic. Despite the Berkshire vote of confidence, DAL fell 3.5% to $67.76 on May 19. Separately, CEO Ed Bastian publicly defended Delta's choice of Amazon's satellite broadband over SpaceX Starlink for in-flight Wi-Fi, citing cost. Delta will present at the TD Cowen Future of the Consumer Conference on June 3. Risk: the post-13F drop suggests existing holders took profits into the Berkshire news, and the snack-service cut starting May 19 hints at margin pressure.

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On May 18, 2026, Berkshire Hathaway's 13F filing revealed a brand-new 39.8 million-share stake in Delta Air Lines worth over $2.6 billion. CEO Ed Bastian stated Delta will sit out US consolidation and focus on transatlantic expansion (650+ weekly European flights this summer, largest in Delta history). New routes launched May 6-21 including Boston-Madrid, Seattle-Rome/Barcelona. A321neo flat-bed delayed to 2028 due to certification issues. Stock at $71.15, ex-div $0.188 on May 14. Bear case: Buffett valuation signal vs. GF Value flagging overvaluation; A321neo delay caps premium revenue.

Berkshire Hathaway's Strategic Moves Boost Stocks: DALgurufocus.comDelta Focuses on International Growth, Skips US Airline Consolidationbloomberg.comDelta A321neo Flat Bed Delayed Until 2028aviationa2z.com

Delta Air Lines began service on its new Boston-Nice transatlantic route on May 16, 2026, part of a wave of international expansion that has kept the stock among the stronger performers in the U.S. airline group year-to-date. Shares traded between $69.58 and $74.27 on May 17, with the company benefiting from Berkshire Hathaway's recent investment and Bernstein's earlier price target hike to $88. Delta also disclosed that its A321neo flat-bed jets will be delayed until 2028 due to business-class seat certification issues, forcing temporary cabin layouts. The carrier is preparing additional roundtrips to Madrid and Munich tied to major international football events later in the year. Overall sentiment around the name remains constructive given fuel-cost insulation and premium demand strength.

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Delta Air Lines had a turbulent week with an employee killed after an airport tug crashed into a jet bridge at Orlando International Airport on May 7. Bernstein raised its price target to $88 from $81 on May 11, citing strong fundamentals after record FY2025 revenue of $58.3B and a 10% operating margin. Delta announced four additional U.S.-Europe round-trip flights to Madrid and Munich for November football matches. The company declared a $0.188 cash dividend with ex-date of May 14. EVP Alain Bellemare sold 20,621 shares on May 7. Shares fell 3.6% to $70.71 on May 12. Risk: operational safety scrutiny and softer leisure demand cycle.

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Delta Air Lines is expanding its no food/beverage service policy to all flights of 349 miles or less effective May 19, 2026, affecting approximately 450 daily flights. The airline announced a 4% pay raise to eligible employees worldwide on May 2. Bernstein raised its price target to $88 from $81. Delta cancelled close to 350 flights between May 1-3 amid pilot scheduling challenges that the COO acknowledged may persist into H2 2026. The airline is launching multiple new transatlantic routes in May (Boston-Madrid, Seattle-Rome, Seattle-Barcelona, Boston-Nice, NY-Porto) as part of its largest summer Europe schedule ever with 650+ weekly flights. Q1 2026 results showed record adjusted revenue of $14.2B and EPS of $0.64, with guidance for low-teens revenue growth and ~$1B pre-tax profit in Q2. Shares traded around $70.87.

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Delta Air Lines shares declined 3.6% to $70.71 on May 12, 2026, as the airline faced renewed scrutiny over operational issues and unpopular cost-cutting moves. The airline recorded at least five flight cancellations and over 100 delays at Atlanta hub on May 8, with disruptions cascading network-wide; pilots are picking up additional flights at only 2% versus a historical 37%. Delta is expanding its no food/beverage policy to all flights of 349 miles or less effective May 19, drawing criticism. Despite that, analysts maintain a Strong Buy consensus rating with a $79.50 average price target. The company announced a 4% pay raise for eligible employees worldwide and a cash dividend of $0.188 with ex-date May 14. Delta is also launching its largest transatlantic schedule in history this summer.

Delta Air Lines Inc (DAL) Stock Down 3.6% - GuruFocusgurufocus.comDelta Disruptions Atlanta Hub Spark Cascading Network Delays May 2026nomadlawyer.orgDelta ending food and beverage service on shorter flights - CBS Newscbsnews.com

A Delta Air Lines employee died Thursday night after an airport tug crashed into a jet bridge at Orlando International Airport. Delta will end food and beverage service on flights under 350 miles beginning May 19 (except first class), and is launching service on a new aircraft configured with 11 rows of first-class seats. The airline suspended select international routes to Mexico and the Bahamas between June and November to protect margins. CEO Ed Bastian said Delta intends to "retain any of the pricing strength" gained from current dynamics. Bernstein raised its PT to $88 on improved fuel management. Analyst range: $70–$95. Shares trading around $71.20, down 2.9%.

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Delta Air Lines announced it will end food and beverage service on flights under 350 miles starting May 19, 2026, affecting approximately 450 daily departures in its domestic network (first class still gets full service). Separately, Delta is expanding its largest-ever transatlantic schedule with new Boston-Madrid, Seattle-Rome, and Seattle-Barcelona service launching this week, totaling over 650 weekly European flights. On May 8, Delta recorded five cancellations and 100+ delays at its Atlanta hub due to crew/scheduling issues. The company announced a $0.188 cash dividend with an ex-date of May 14. Shares rose 3.5% to $73.34 on May 6 amid sector strength, including the collapse of Spirit Airlines. Cost-cutting could pressure customer satisfaction but supports margins.

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Delta Air Lines reported March quarter earnings more than 40% higher than prior year despite significant fuel cost increases and industry disruptions. Company guides to low-teens revenue growth in June quarter on flat capacity, reflecting strong demand momentum. Dividend of $0.188 declared with ex-date May 14, 2026. Stock has surged 64% over past year near 52-week high of $76.39. UBS raised price target to $95 from $86 with Buy rating, citing margin expansion path. Delta announced 4% employee pay increase (5th consecutive year), costing $500M. New Delta One suites launching on A350-1000s. Stock up 9.57% weekly and 9.80% monthly. Strong capacity demand and operational excellence supporting investor confidence despite fuel cost headwinds.

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Delta Air Lines delivered exceptional earnings up more than 40% from prior year despite significant fuel cost increases and operational disruptions across industry. Guiding to low-teens revenue growth in June quarter on flat capacity, reflecting strong demand momentum. Company announced new Delta One suite for A350-1000s and expanding suite availability. Partnership with IndiGo expands TechOps expertise in India market. Cash dividend of $0.188 declared with ex-date May 14. Stock up 0.87% as airline rally on U.S.-Iran optimism. Evercore ISI raised PT to $85 from $80 (April 16).

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