A ROUGH LANDING FOR PASSENGERS ON BOARD THIS DELTA FLIGHT… THEY RECORDED THEIR ESCAPE OUT THE BACK OF THE PLANE. WISN 12 NEWS TONI VALLIERE IS LIVE AT THE AIRPORT. TONI, THE PLANE BLEW TWO TIRES ON THE RUNWAY. CRAIG, DELTA FLIGHT 2504 FROM MINNEAPOLIS CAME DOWN A LITTLE HARD. THE JET BECAME THE JET BECAME DISABLED ON THE RUNWAY— SHUTTING DOWN OPERATIONS HERE FOR A COUPLE OF HOURS. PASSENGERS LINED UP INSIDE PLANE THIS IS VIDEO TAKEN FROM INSIDE DELTA FLIGHT 2504 ABOUT AN HOUR AFTER THE PLANE LANDED ON THE RUNWAY AT MILWAUKEE’S GENERAL MITCHELL INTERNATIONAL AIRPORT WEDNESDAY. PASSENGER CHRIS NOBBE FILMED AS PEOPLE LINED UP TO DEPART THE BACK OF THE JET AFTER ENDURING A ROUGH LANDING. “I KIND OF THOUGHT THE RUNWAY WAS UNDER CONSTRUCTION AND THEY PICKED THE WRONG ONE BECAUSE IT WAS TWO REALLY REALLY HARD JOLTS RIGHT AWAY.” THOSE HARD JOLTS WERE CAUSED FROM TWO TIRES BEING BLOWN. “THE TWO FLAT TIRES ARE ON THE RIGHT.” PASSENGERS ON OTHER PLANES COULD CLEARLY SEE THERE WAS A PROBLEM. “THERE WAS ABOUT THREE FIRE TRUCKS OUT THERE, EMERGENCY CREWS, POLICE CARS.” BUT THOSE INSIDE THE AIRPORT HAD NO CLUE. “I’VE BEEN WAITING AND WAITING AND WAITING AND I JUST FOUND OUT THEY’VE BEEN HAVING MECHANICAL PROBLEMS.” NO ONE ON THE PLANE WAS HURT…JUST STARTLED. “WHEN IT LANDED IT WAS VERY NOISY, BUT PILOT WAS WONDERFUL HE HAD EVERYTHING UNDER CONTROL.” “I WASN’T REALLY SCARED, I WAS ON THE GROUND HAHAHA.” THE ISSUE SHUT DOWN THE AIRPORT’S ONLY FUNCTIONING RUNWAY— KEEPING OTHER PLANES FROM TAKING OFF AND LANDING FOR A FEW HOURS. PASSENGERS WERE ALSO STRANDED ONBOARD, BEFORE EMERGENCY CREWS GOT THEM ONTO BUSES BACK TO THE TERMINAL. “THEY DIDN’T LET FIRST CLASS GO FIRST THIS TIME, IT WAS KINDA NICE.” FLIGHTS ARE COMING AND GOING AGAIN TONIGHT. BUT NOT BEFORE SNARLING TRAVEL— EVENTUALLY CREWS WERE ABLE TO PLOW AND OPEN A SECOND RUNWAY. LIVE AT MITCHEL INTERNATIONAL, TONI VALLIERE, WISN 12
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Forget Netflix, Delta Is the Comer for 2014
NEW YORK (TheStreet) — Netflix (NFLX) may be the best performing SP 500 stock in 2013, but Delta Airlines (DAL) is the one analysts favor for 2014.
All 18 analysts who follow Delta have “buy” recommendations, garnering Delta a score of 4.94 out of 5 on Bloomberg‘s ranking system. Fifteen of those analysts have 12-month price targets, with the average of those 15 being $33.97. Delta shares were trading at $27.49 for a gain of 1.08% on the day, shortly after Tuesday’s open on the final trading day of 2013. That means if Delta were to enter January at its current level and hit analysts’ average target by the end of the coming year it would translate to a gain of 23.57% for 2014 excluding dividends.
“Despite DAL’s relatively better momentum and lower risk, shares trade at a discount to the sector,” argued Bank of America analyst Glenn Engel in a Dec. 17 report.
“Delta is on pace to repurchase $500mn a year in stock, triple initial guidance, and capital returns could go higher when DAL achieves $7bn net debt target in 2015,” the report continues, adding that the airline’s “underfunded pension liability dropped 30% in 2013 to around $10bn.”
Delta shares have returned more than 130% in 2013, fourth best among SP 500 stocks. By contrast, Netflix, the best performer with shares up some 294% on the year, received only a 2.90 rating from analysts, the 28th worst in the SP 500.
Just six of the 39 analysts who cover Netflix recommend the stock to investors. Twenty-five have “hold” recommendations, while eight have “sell” ratings. The average price target of $344.92 would represent a 5.66% decline from Tuesday’s price of $365.60 in mid-morning trading.
“We continue to believe that Netflix’s high valuation is somewhat unwarranted given the potential for slowing domestic growth as early as Q4:13, coupled with increasing content costs,” wrote Wedbush analyst Michael Pachter in a Dec. 30 note. Pachter has an “underperform” rating and a $160 price target on Netflix.
NFLX Total Return Price data by YCharts
— Written by Dan Freed in New York.
Travel at San Jose airport delayed by heavy fog, engine fire on grounded airplane
SAN JOSE — Heavy morning fog and an airplane engine fire disrupted travel Tuesday morning at Mineta San Jose International Airport.
A Delta Air Lines flight scheduled for Minneapolis early Tuesday was one of several flights delayed by fog and was on the ground when the pilot reported a fire in the left engine, according to San Jose fire and airport officials.
San Jose firefighters received the report of a Boeing MD-90 airplane with an engine fire at 7:54 a.m., according to Capt. Cleo Doss. The fire was contained to the engine and did not reach the cabin, Doss said.
The Delta flight pushed back from the gate at 6:40 a.m. but was on the ground for one hour waiting to depart due to heavy fog, according to airport spokeswoman Rosemary Barnes. Delta Air Lines said in a statement the plane returned to the gate for a reported lavatory issue when an engine tailpipe flame was observed by ground personnel and quickly went out. Customers deplaned to the terminal via the jetway.
A number of other flights were delayed because of the heavy morning fog. At least 11 departures were delayed between 6:30 and 7:30 a.m. The fog lifted by about 9:15 a.m.
All flights were back on schedule by late morning.
Contact Mark Gomez at 408-920-5869. Follow him on Twitter @MarkMgomez.
Activists protest Air France's transporting of lab animals
DENVER, CO – DECEMBER 29, 2013: Jordan Ezell, left, and co-founder of The Bunny Alliance, protests with others at Delta Airlines outside of the terminal at Denver International Airport in Denver CO on December 29, 2013. Members of The Bunny Alliance are on a nationwide protest tour to hold Delta Air Lines accountable for its role in the vivisection industry. The Bunny Alliance held their protest at Denver International Airport to call on Delta to stop Air FranceÕs transport of animals to labs and to educate holiday travelers about the animal cruelty that Delta supports. Primates, dogs, and other animals are flown to labs, and the journey is terrifying. They are often packed into wooden crates and locked away in the cargo holds of airplanes; some die of starvation and dehydration while in route. (Photo By Helen H. Richardson/ The Denver Post) (Helen H. Richardson, THE DENVER POST)
Animal rights activists demonstrated Sunday outside Delta Airlines’ ticket counters at Denver International Airport, urging travelers to boycott the company until its partner, Air France, stops transporting animals to research labs.
“They are involved in the transport of animals to laboratories where they are tortured,” said Amanda Schemkes, an organizer of the demonstration.
“While Delta has a strong partnership with Air France, we do not influence their decisions regarding the transportation of animals,” Delta spokeswoman Jennifer Martin said in an email.
Schemkes, 28, and Jordan Ezell, 23, formed the Bunny Alliance, a group that is traveling around the country protesting Delta.
The demonstrators held signs and chanted slogans like: “Hey there Delta, what do you say? How many animals have you killed today.”
Kathy Krob, 46, who was getting ready to board a Delta flight, said finding demonstrators chanting about the treatment of animals on the sidewalk outside DIA’s east terminal was “a little bit jarring.”
But “It certainly would make me want to do a little more research,” Krobe said. “If I found out it was true, it could have an impact” on whether she would pick Delta for a flight.
Leonelva Madigan, 64, who was flying on United on Sunday, questioned whether Delta would have enough influence to force a change on Air France.
Tyler Harris, 24, said he would look into the airlines’ connection with transporting animals to labs. “In a way, I stand with animals,” he said.
But Paula Ramsey, 57, said the demonstration seemed disruptive and ineffective. “I don’t know if this is the most effective way to make their point. It is more frightening than it is convincing to me,” she said.
A statement on Air France’s website says the carrier “scrupulously respects and complies with standards” of the International Air Transport Association, the Convention on International Trade in Endangered Species of Wild Fauna and Flora, and the World Organization for Animal Health.
“Air France Cargo ensures that all biomedical research involving the use of animals in laboratories with which the airline works is fully in line with current legislation and the regulations drawn up by scientific organizations specializing in animal welfare,” according to the statement.
Tom McGhee: 303-954-1671, tmcghee@denverpost.com or twitter.com/dpmcghee
Delta to honour cheap flights sold in systems glitch
Delta Airlines said on Friday it would honour tickets sold at a fraction of their normal price because of computer glitch that afflicted the airline’s website the prior day.
- PHOTOS
File photo of Delta Airlines passengers use kiosks to check in for flights at San Francisco International Airport.(AFP/Justin Sullivan)
NEW YORK: Delta Airlines said on Friday it would honour tickets sold at a fraction of their normal price because of computer glitch that afflicted the airline’s website the prior day.
“For a portion of the morning yesterday, some prices on delta.com and other booking channels were incorrectly displayed, resulting in lower than usual fares for customers,” said Delta spokesman Trebor Banstetter.
“The situation has been resolved and the correct prices are being displayed.”
Banstetter said Delta “will honour any fares purchased at the incorrect price.”
Press reports chronicled almost comically low fares, such as a round-trip ticket between New York and Los Angeles for US$25 and a round-trip voyage between Baltimore and Honolulu for less than US$100.
– AFP/fl
Delta website glitch offers up tickets at rock-bottom rates
(Reuters) – A website glitch on Thursday morning caused some Delta Airlines fares to be offered at deep discounts to normal prices, including a reported roundtrip between New York and Los Angeles for $40.
Delta on Thursday afternoon said the problem had been fixed, while saying it would honor tickets bought at the low fares.
“For a portion of the morning today, some prices on delta.com and other booking channels were incorrectly displayed, resulting in lower-than-usual fares for customers. The situation has been resolved and the correct prices are being displayed,” said Delta spokesperson Trebor Banstetter.
The company did not specify the cause of the glitch.
Airfarewatchdogs.com, a travel and fare lookout website, said fares went as low as $40 for a round trip between New York and Los Angeles, and $200 for a first-class roundtrip ticket between Los Angeles and Hawaii.
Economy rates for roundtrip travel between New York and Los Angeles on Delta typically cost around $400 or more. A first-class roundtrip ticket from Los Angeles to Hawaii for the second week of January currently costs more than $3,500 on the Delta website.
“Airlines employ analysts whose job is to constantly monitor competition and keep tweaking rates. It is possible that one of them entered a wrong number,” said George Hobica, founder of airfarewatchdogs.com.
Hobica said most of the software airlines use for adjusting rates do not have safety catches that cross check on a value entered, which makes it easier to make mistakes, especially during busy travel seasons.
In September, United Airlines had a similar problem, with its website selling tickets for as low as $5.
(Reporting by Nivedita Bhattacharjee in Chicago; Editing by Leslie Adler)
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Delta to honor "glitch" fares
Twitter is abuzz with talk about a Delta Airlines website glitch that led to tickets being sold much more cheaply than usual. The airline tells Eyewitness News it will honor the erroneous fares.
The problem occurred Thursday morning. By mid-morning, things were back to normal – but some people apparently snagged some amazing deals.
Here in the WTHR newsroom, we saw deals for $176 between Indianapolis and Honolulu round-trip.
On Twitter, a customer reported a fare of $40 from John F. Kennedy Airport in New York to Los Angeles. One Twitter user based in Des Moines, Iowa bragged about buying a round-trip ticket to Washington, DC for $46.
But several others talked about seeing the low fares on the website, but not being able to complete their purchase. Some users reported seeing international plane fares for as low as $25. (And, it should be noted, WTHR couldn’t complete the purchase for our trip to Hawai’i, sadly.)
The airline provided WTHR with this statement:
For a portion of the morning today, some prices on delta.com and other booking channels were incorrectly displayed, resulting in lower than usual fares for customers. The situation has been resolved and the correct prices are being displayed. Delta will honor any fares purchased at the incorrect price.
Did you get a deal? Let us know by leaving a comment below!
Delta Airlines to honour extremely cheap fares after goof-up
AP
File photo of a Delta Airlines plane.
New York: Some lucky fliers capitalized on a computer glitch on Thursday and scored some really cheap flights on Delta Airlines.
From about 10 a.m. to noon, some Delta fares on the airline’s own website and other airfare booking sites were showing up incorrectly, offering some savvy bargain hunters an incredible deal.
A roundtrip flight between Cincinnati and Minneapolis for February was being sold for just $25.05 and a roundtrip between Cincinnati and Salt Lake City for $48.41. The correct price for both of those fares is more than $400.
Trebor Banstetter, a spokesman for the Atlanta-based airline, said the problem has been fixed but “Delta will honour any fares purchased at the incorrect price.”
New Department of Transportation regulations, aimed at truth in advertising, require airlines to honour any mistake fares offered.
Is Delta airlines (DAL) Stock a Solid Choice Right Now?
One stock that might be an intriguing choice for investors right now is Delta Airlines Inc. ( DAL ). This is because this security in the major airlines is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the major airlines space as it currently has a Zacks Industry Rank of 51 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Delta Airlines is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
In fact, over the past month, current quarter estimates have risen from 61 cents a share to 66 cents a share, while current year estimates have risen from $3.08 per share to $3.15 a share. This has helped DAL to earn a Zacks Rank #3 (Hold), further underscoring the company’s solid position.
So, if you are looking for a decent pick in a strong industry, consider Delta Airlines not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
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DELTA AIR LINES (DAL): Free Stock Analysis Report
Is Delta airlines (DAL) Stock a Solid Choice Right Now?
One stock that might be an intriguing choice for investors right now is Delta Airlines Inc. (DAL). This is because this security in the major airlines is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the major airlines space as it currently has a Zacks Industry Rank of 51 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Delta Airlines is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
In fact, over the past month, current quarter estimates have risen from 61 cents a share to 66 cents a share, while current year estimates have risen from $3.08 per share to $3.15 a share. This has helped DAL to earn a Zacks Rank #3 (Hold), further underscoring the company’s solid position.
So, if you are looking for a decent pick in a strong industry, consider Delta Airlines not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DELTA AIR LINES INC (DAL): Free Stock Analysis Report
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