The Latest Breaking News from Delta Air Lines

Someone with a lot of money to spend has taken a bullish stance on Delta Air Lines (NYSE:DAL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

After making steep pay cuts during the pandemic, Atlanta-based Delta Air Lines is giving its employees a 4% raise.

A whale with a lot of money to spend has taken a noticeably bullish stance on Delta Air Lines. Looking at options history for Delta Air Lines (NYSE:DAL) we detected 16 strange trades.

Delta Air Lines has suspended its partnership with Russian national airline Aeroflot following Russia's invasion of Ukraine

Although consumer confidence indicator in the Eurozone dropped by 0.3 points from a month ago to -8.8 in January, there were a few notable insider trades.

A Delta Air Lines spokesperson claims employees received $1,250 paid via direct deposit

Delta Air Lines (NYSE:DAL) has outperformed the market over the past 10 years by 2.0% on an annualized basis.

Shares of Delta Air Lines (DAL) and United Airlines (UAL) are down significantly from all-time highs. But if the pandemic is finally brought under control or reaches an endemic state in 2022, pent-up travel demand will positively impact the revenue of the airline companies in the upcoming quarters.

Someone with a lot of money to spend has taken a bullish stance on Delta Air Lines (NYSE:DAL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.