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Delta Air Lines
Delta Air Lines, Inc., typically referred to as Delta, is one of the major airlines of the United States and a legacy carrier. One of the world's oldest airlines in operation, Delta is headquartered in Atlanta, Georgia. The airline, along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents. Delta is a founding member of the SkyTeam airline alliance. Delta has nine hubs, with Atlanta being its largest in terms of total passengers and number of departures. It is ranked second among the world's largest airlines by number of scheduled passengers carried, revenue passenger-kilometers flown, and fleet size. It is ranked 69th on the Fortune 500. History Early history The history of Delta Air Lines begins with the world's first aerial crop dusting operation called Huff Daland Dusters, Inc. The company was founded on March 2, 1925, in Macon, Georgia, before ...
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Federal Aviation Administration
The Federal Aviation Administration (FAA) is the largest transportation agency of the U.S. government and regulates all aspects of civil aviation in the country as well as over surrounding international waters. Its powers include air traffic management, certification of personnel and aircraft, setting standards for airports, and protection of U.S. assets during the launch or re-entry of commercial space vehicles. Powers over neighboring international waters were delegated to the FAA by authority of the International Civil Aviation Organization. Created in , the FAA replaced the former Civil Aeronautics Administration (CAA) and later became an agency within the U.S. Department of Transportation. Major functions The FAA's roles include: *Regulating U.S. commercial space transportation *Regulating air navigation facilities' geometric and flight inspection standards *Encouraging and developing civil aeronautics, including new aviation technology *Issuing, suspending, or revoki ...
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DJTA
The Dow Jones Transportation Average (DJTA, also called the "Dow Jones Transports") is a U.S. stock market index from S&P Dow Jones Indices of the transportation sector, and is the most widely recognized gauge of the American transportation sector. It is the oldest stock index still in use, even older than its better-known relative, the Dow Jones Industrial Average (DJIA). Components The index is a running average of the stock prices of twenty transportation corporations, with each stock's price weighted to adjust for stock splits and other factors. As a result, it can change at any time the markets are open. The figure mentioned in news reports is usually the figure derived from the prices at the close of the market for the day. Changes in the index's composition are rare, and generally occur only after corporate acquisitions or other dramatic shifts in a component's core business. Should such an event require that one component be replaced, the entire index is reviewed. , t ...
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Major Airlines Of The United States
The United States Department of Transportation defines a major carrier or major airline carrier as a U.S.-based airline that posts more than $1 billion in revenue during a fiscal year, grouped accordingly as "Group III". Airlines According to FY2020 revenues, there were 18 major carriers who meet the requirement for Group III status. Mainline passenger * Alaska Airlines * Allegiant Air *American Airlines* *Delta Air Lines Delta Air Lines, Inc., typically referred to as Delta, is one of the major airlines of the United States and a legacy carrier. One of the world's oldest airlines in operation, Delta is headquartered in Atlanta, Georgia. The airline, along ...* * Frontier Airlines * Hawaiian Airlines * JetBlue * Southwest Airlines* * Spirit Airlines * United Airlines* (*) - considered as one of the "Big 4" major U.S. national airlines Regional passenger * Envoy Air (subsidiary of American Airlines Group) * Republic Airways * SkyWest Airlines Freight * Atlas Air * F ...
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1,000,000,000
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G. One billion years may be called an '' eon'' in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is no longer common, and the word has been used to mean one thousand million (1,000,000,000) for several decades. The term ''milliard'' can also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, variations on this name often appear in other languages. In the South Asian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of ...
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Chief Operating Officer
A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the " C-suite". The COO is usually the second-in-command at the firm, especially if the highest-ranking executive is the chairperson and CEO. The COO is responsible for the daily operation of the company and its office building and routinely reports to the highest-ranking executive—usually the chief executive officer (CEO). Responsibilities and similar titles Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of a vice president or chief of staff of the United States: power and responsibility structures vary in government and p ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like '' Robert's Rules of Order'' (e.g. the president can make an "executive decision" o ...
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Ed Bastian
Edward H. Bastian (born June 6, 1957) is an American business executive. He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. Early life and education Bastian grew up in Poughkeepsie, New York, the oldest of nine children. His father was a dentist and his mother was a dental assistant. The couple operated a dental practice from within the family home. He graduated from Our Lady of Lourdes High School in Poughkeepsie in 1975. In 1979, Bastian received a Bachelor of Business Administration in accounting from St. Bonaventure University in Cattaraugus County, New York. Career Bastian began his career as an auditor in New York City at Price Waterhouse, now PricewaterhouseCoopers (PWC). During a 1981 annual review, he uncovered a $50 million fraud scheme involving ad powerhouse J. Walter Thompson. This prompted a U.S. Securities and Exchange Commission investigation, leaving many PWC executives with marred careers. ...
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Atlanta
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 living within the city limits, it is the eighth most populous city in the Southeast and 38th most populous city in the United States according to the 2020 U.S. census. It is the core of the much larger Atlanta metropolitan area, which is home to more than 6.1 million people, making it the eighth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over above sea level, it features unique topography that includes rolling hills, lush greenery, and the most dense urban tree coverage of any major city in the United States. Atlanta was originally founded as the terminus of a major state-sponsored railroad, but it soon became the convergence point among several ...
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Virgin Atlantic
Virgin Atlantic, a trading name of Virgin Atlantic Airways Limited and Virgin Atlantic International Limited, is a British airline with its head office in Crawley, England. The airline was established in 1984 as British Atlantic Airways, and was originally planned by its co-founders Randolph Fields and Alan Hellary to fly between London and the Falkland Islands. Soon after changing the name to Virgin Atlantic Airways, Fields sold his shares in the company after disagreements with Richard Branson over the management of the company. The maiden flight from Gatwick Airport to Newark International Airport took place on 22 June 1984. The airline along with Virgin Holidays is controlled by a holding company, Virgin Atlantic Limited, which is 51% owned by the Virgin Group and 49% by Delta Air Lines. It is administratively separate from other Virgin-branded airlines. Virgin Atlantic Airways Limited and Virgin Atlantic International Limited both hold Civil Aviation Authority (CAA) ...
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LATAM Airlines Group
LATAM Airlines Group S.A. is an airline holding company headquartered in Santiago, Chile. It is considered the largest airline company in Latin America with subsidiaries in Brazil, Colombia, Ecuador, Paraguay and Peru. The company filed for Chapter 11 bankruptcy in the United States on 26 May 2020, due to economic problems attributed to the impact of the COVID-19 pandemic on aviation. Although LATAM Airlines' headquarters are located in Chile, the carrier is an American depositary receipt and traded on both the Santiago Stock Exchange and New York Stock Exchange at the time of bankruptcy. The company's stock ticker (LTMAQ) was unlisted from the NYSE and later moved to the unregulated OTC Markets Pink on 12 June 2020. History Merger Chile's LAN-Chile and Brazil's TAM Linhas Aéreas signed a non-binding agreement to merge on 13 August 2010, followed by a binding agreement on 19 January 2011 and papers to close the merger on 22 June 2012, with TAM Linhas Aéreas' shareholder ...
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Endeavor Air
Endeavor Air is an American regional airline that operates as Delta Connection for Delta Air Lines. The airline was founded as Express Airlines I in 1985 and was renamed Pinnacle Airlines in 2002. In 2012, Pinnacle's parent company filed for Chapter 11 reorganization, then emerged as a wholly owned subsidiary of Delta Air Lines. The airline was renamed Endeavor Air on August 1, 2013. Its corporate headquarters are located in Delta Air Lines Building C, on the property of Minneapolis–Saint Paul International Airport. It has hubs at Hartsfield–Jackson Atlanta International Airport, Cincinnati/Northern Kentucky International Airport, Detroit Metropolitan Airport, Minneapolis–Saint Paul International Airport, and New York's LaGuardia Airport and John F. Kennedy International Airport. Until the restructuring, Endeavor also operated a hub at Memphis International Airport. History Express Airlines I In February 1985, the airline was established as Express Airlines I, offering regi ...
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Delta Private Jets
Delta Private Jets, Inc. was an airline of the United States. Its corporate headquarters was on the property of Cincinnati/Northern Kentucky International Airport in Boone County, Kentucky. It operated jet aircraft as a subsidiary of Delta Air Lines. Its main base was Cincinnati/Northern Kentucky International Airport. History The airline was founded as Comair Jet Express. It was renamed in October 2001 by the parent company Delta Air Lines. Delta Air Lines wholly own it. Delta Private Jets is a private aircraft service aimed at businesses needing service to destinations on a private aircraft or that the airport does not supply regularly. Delta Private Jets is also available to SkyMiles Elite members for an upgrade purchase price of $300–800 on select routes from Delta's Cincinnati, Atlanta, and New York hubs. This service also allows travellers to avoid flying hassles such as security. Delta Private Jets headquarters is located at 82 Comair Boulevard building, which used to be ...
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