As a full-service network carrier, Atlanta-based Delta Air Lines operates a traditional hub-and-spoke model, meaning that they operate thousands of daily flights to and from their major hubs, which are located across the country.

Today, Benzinga's options scanner identified 8 options transactions for Delta Air Lines. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 62% being bullish and 37% bearish. Of all the options we discovered, 7 are puts, valued at $311,301, and there was a single call, worth $155,600.

What Happened: A notable Form 4 filing on Thursday with the U.S. Securities and Exchange Commission revealed that Bastian, Chief Executive Officer at Delta Air Lines, exercised stock options for 91,710 shares of DAL, resulting in a transaction value of $1,932,329.

Ahead of the 2025 Masters Tournament from April 7 to 13, Delta Air Lines is gearing up with an increase in flights to Augusta Regional Airport (AGS) in Georgia to cater to a surge of passengers traveling there for the tournament.

The planes, carrying more than 350 people, experienced "a loss of required separation" while preparing to land at the same Phoenix airport, the FAA said.

Delta Air Lines is making it easier than ever for golf fans to get to Augusta for the 2025 Masters Tournament.

MassMutual Private Wealth & Trust FSB boosted its stake in Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 21.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

Ameritas Advisory Services LLC trimmed its position in Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 15.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,024 shares of the transportation company’s stock after selling 1,

Delta Air Lines will increase flights to Augusta Regional Airport for the 2025 Masters Tournament, offering up to 1,900 daily seats and a 15% boost in capacity.

SkyTeam alliance member Delta Air Lines is pulling out of smaller Alaskan airports in favor of major ones, and Alaska Airlines is adding service to the contiguous U.S.

The FAA said it is investigating after a Delta Air Lines flight and United Airlines flight experienced 'a loss of required separation' while heading inbound to Phoenix Sky Harbor International Airport.

In terms of liquidity and interest, the mean open interest for Delta Air Lines options trades today is 4580.29 with a total volume of 1,858.00.