Delta Air Lines, Inc., founded in 1924 and headquartered in Atlanta, Georgia, is one of the largest airlines globally, dedicated to providing transportation services for passengers and cargo across a vast network. The airline offers a variety of services, including domestic and international flights, premium travel experiences, and supporting cargo services, catering to diverse travel needs.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Delta has a history of bond issuances dating back to the 1980s, with notable transactions including a $1 billion offering in 2020 to bolster liquidity during the pandemic. As of late 2023, Delta’s bond yields are competitive within the airline sector, reflecting improved financial health post-COVID-19 recovery compared to peers. In 2021, they issued bonds with unique sustainability-linked features, tying interest rates to emission reduction goals, a significant trend reflecting the airline's commitment to environmental responsibility.