What is Delta's credit rating? (2024)

What is Delta's credit rating?

Delta's 'BB+' rating remains higher than its two major network competitors, United Airlines, Inc. (B+/Stable) and American Airlines, Inc.

What is Delta Air Lines credit rating S&P?

S&P Global Ratings affirms Delta Air Lines at "BB+" (Local Currency LT credit rating); outlook positive. S&P Global Ratings affirmed the "BB+" Local Currency LT credit rating of Delta Air Lines on September 18, 2023. The outlook is positive.

What is Delta Air Lines rated?

Delta ranked No. 1 overall and in three of the seven categories, including on-time arrivals, low U.S. DOT complaints and involuntary bumping.

Where does Delta Air Lines rank?

Here are the best airlines for 2024, according to WalletHub

Delta Air Lines was ranked the most reliable for having the lowest rate of canceled and delayed flights, mishandled luggage and denied boardings, according to WalletHub. Delta also tied with JetBlue Airways for being the most comfortable.

What is the credit rating of Delta Air Lines Fitch?

Fitch Ratings revised outlook on Delta Air Lines to positive and affirmed at "BB+" (LT Int. Scale (foreign curr.)) credit rating.

What is a good S&P credit rating?

The higher the grade, the lower the risk (in S&P's estimation). A rating of BBB and above is called "investment grade"—the safest sort of investment. Ratings below that are considered "speculative"—a greater degree of risk.

What is United Airlines credit rating?

NEW YORK (S&P Global Ratings) Jan. 25, 2021--S&P Global Ratings today assigned its 'BBB-' (sf) issue-level rating to United Airlines Inc.'s $600 million series 2020-1 Class B pass-through enhanced equipment trust certificates (EETCs). We had assigned...

Is United or Delta better?

Overall, Delta is consistently rated the more reliable airline. And when it comes to first-class flying, Delta's amenities possess a posh factor that United doesn't quite match, though it comes close. However, in many ways, the choice is a toss-up.

Is Delta a 5 star airline?

The Airline Passenger Experience Association ranked Delta as one of 25 global airlines worthy of a five-star rating out of about 500 passenger airlines surveyed.

Why is Delta better than Southwest?

When it comes to the number of routes and destinations served, Delta wins hands down. Not only does Delta serve more cities and more countries on its flights, but its membership in the SkyTeam alliance and other airline partnerships offer connectivity well beyond what Southwest offers.

What is Delta ranked compared to United?

In our general airline rankings, Delta has scored 3.7/5, and United has scored 3.2/5. Overall, Delta has a higher operations reliability score, which goes a long way among travelers.

Why are Delta Air Lines so cheap?

When you purchase a Delta deal, you are stuck in economy class. The airline can give you the cheaper ticket price because they offer so many of these seats. So, you can expect to be sitting close to other passengers. In economy class, the seats are not just small, there is little legroom, and the seats barely recline.

Is Delta financially stable?

"In 2024, demand for air travel remains strong and our customer base is in a healthy financial position with travel a top priority. We expect to grow full year earnings to $6 to $7 per share and generate free cash flow of $3 to $4 billion, further strengthening our financial foundation."

How much debt does Delta Air Lines have?

Total debt on the balance sheet as of December 2023 : $27.28 B. According to Delta Air Lines's latest financial reports the company's total debt is $27.28 B. A company's total debt is the sum of all current and non-current debts.

What is R7 credit rating?

An R7 rating indicates that you are making regular payments through a consumer proposal with your creditors. The R7 rating is a specific code used by credit bureaus to indicate that you have entered into a consumer proposal.

What companies have AAA credit rating?

Standard & Poor's and Fitch assign bond credit ratings of AAA, AA, A, BBB, BB, B, CCC, CC, C, D. Currently there are only two companies in the United States with an AAA credit rating: Microsoft and Johnson & Johnson.

Is moodys better than am best rating?

For example, A.M. Best's highest insurance company credit rating is A++, meaning superior, while Fitch's is AAA for exceptionally strong, Moody's is Aaa for the highest quality, and Standard & Poor's is AAA for extremely strong.

What is Amazon's S&P rating?

S&P Global Ratings affirms Amazon.com at "AA" (Foreign Currency LT credit rating); outlook stable. S&P Global Ratings affirmed the "AA" Foreign Currency LT credit rating of Amazon.com on May 18, 2023. The outlook is stable.

What is Boeing credit rating?

Currently, Fitch rates Boeing at “BBB-.” That's still a so-called “investment-grade” higher-quality rating, but it's the last stop before “BB,” which is a so-called “speculative grade” rating, or junk bond status.

Which airline has the highest rating?

Which airline has the best rating?

Is Delta actually a good airline?

Delta is the No. 1 domestic airline for on-time arrivals, service, comfort and more.

Why Delta Air Lines is so good?

With an impressive 83% on-time arrival rate, they lead U.S. airlines in punctuality. This is crucial for business travelers like me, where time is of the essence, and equally important for personal trips where every minute of vacation time is valuable. Furthermore, Delta's customer service record is exemplary.

Is Delta considered a good airline?

Generally, Delta is a good airline for travelers who want a comfortable flight experience overall at a cost that's in line with its service and offerings.

Is Delta short of pilots?

Delta Air Lines plans to slow down pilot hiring in 2024, signaling a shift from the hiring rush seen post-pandemic. The airline expects to hire around half the number of pilots compared to 2023. The industry-wide pilot shortage has prompted airlines to analyze operations and find new ways to attract and retain talent.