What's Going On With Delta Air Shares After Pausing Global Flight Schedule?

Delta Air Lines, Inc. (NYSE:DAL) shares are trading marginally lower on Friday.

Delta halted its worldwide flight schedule this morning due to a vendor technology issue affecting multiple airlines and businesses globally.

The company said it is working to resolve the issue as quickly as possible to resume operations.

“Customers with flights scheduled for Friday should continue checking their flight status via the Fly Delta app and Delta.com,” the company said in a statement.

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“We are also working to issue a travel waiver this morning that will allow customers scheduled to travel Friday, July 19, to manage changes to their itinerary,” Delta Air Lines added.

Adjusted average fuel price of $2.64 per gallon, up 5% from last year’s quarter. Adjusted EPS was $2.36, missing the consensus of $2.37.

Price Action: DAL shares are trading lower by 0.36% to $44.76 premarket at last check Friday.

Photo via Shutterstock

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