Weekly News Roundup: Delta Air Lines (NYSE:DAL)

Here’s this week’s run-down of Delta Air Lines (NYSE:DAL) news briefings. Delta Air Lines (NYSE:DAL) shares ended the week at 11.54 (as of 1/21/2011). Weekly News Roundup: Delta Air Lines (NYSE:DAL) Monday 17 January Delta Air Lines (NYSE:DAL) has become an official sponsors of Los Angeles Lakers. The company has announced that a multi year sponsorship agreement has been signed, making them official sponsors of the reigning NBA champions. Beginning with the start of the 2011-12 season, Delta Air Lines (NYSE:DAL) will become the team’s official and exclusive airline partner. Tim Mapes, Delta Air Line's (NYSE:DAL) Senior Vice President Marketing said, “We continue to proudly serve the team as their exclusive charter airline, and we’re honored to now join them as an official sponsor. The Los Angeles Lakers are an exceptional addition to our strong roster of marquee sports sponsorships, and this affiliation expands our sports investments from coast-to-coast.” Thursday 20 January Delta Air Lines (NYSE:DAL) has revealed its plan to make largest aircraft purchase in history. According to an internal memo by the company,  Delta Air Lines (NYSE:DAL) is preparing to purchase 100 to 200 aircraft  with an option for 200 more by early 2013. By this move the airliner is going to replace about 200 aging aircraft from its fleet. Nat Pieper, the head of fleet strategy of Delta Air Lines (NYSE:DAL) said, "We're now starting to plan for the long term, to ensure that we continue to maintain a flexible, cost-efficient fleet that meets our customers' needs in the years to come, replace retiring airplanes and provide for domestic mainline growth." Friday 21 January Delta Air Lines (NYSE:DAL) has planned to launch a nonstop service between Ghana and Liberia. A new service between Accra’s Kotoka International Airport and Roberts International Airport in Monrovia, Liberia will be launched by Delta Air Lines (NYSE:DAL) from February 2nd onwards. The service will operate twice weekly using Boeing 767-300 aircraft, equipped with 34 BusinessElite seats and 181 seats in Economy. Mr. Bobby Bryan, Commercial Manager of Delta Air Lines (NYSE:DAL) for East and West Africa said, "This new service by Delta Air Lines (NYSE:DAL) would provide increased choice of intra-Africa services for the Ghanaian customer, complementing its existing services to the United States." We’ll be keeping a close eye on the Delta Air Lines stock price for developments over the next few weeks.
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