Insider Activity: Delta Air Lines, Inc. (DAL)

 


Delta Air Lines, Inc. (NYSE:DAL) insider has recently participated in insider trading activity. Director, BRINZO JOHN S sold 2,480 shares for $111,600 via one transaction Feb 17. Following the transaction, the insider now owns 55,733 shares in total, priced at $2,590,469.8 as of Thursday. Another notable insider trading was done by the same insider on Jan 25. West W Gilbert sold 4,365 shares at an average price of $46.65 for a total of $203,610. Moreover, Jacobson Paul A carried out a sale of 7,000 shares at $47.01 each on Jan 22. The transaction amounted to $329,070. Director BRINZO JOHN S sold 2,480 shares for $119,958 through one transaction Jan 07. Following this sale, this insider’s stake in the company comprises 58,213 shares, priced at $2,705,740.2 as of Thursday.


The stock has experienced a total of 34 insider trades in the past three months. These trades include 25 sell activities and 9 buy trades. Furthermore, over the past 12 months, the stock was traded 89 times by insiders. In 61 of these trades, the insider was a seller while an employee of the company was the buyer in just 28 instances.


On Feb. 18, 2016 Acclaimed New York restaurant Union Square Cafe won’t reopen until this spring, but you can still enjoy Bar-Nuts and other classic seasonal cooking from the restaurant’s all-star culinary team on select Delta Air Lines, Inc. (DAL) flights.


Beginning March 1, Delta Air Lines (DAL) Delta One flyers on select trans-Atlantic routes to Europe can enjoy hand-crafted selections inspired by the iconic New York restaurant. The new menus feature Italian-influenced fare created under the culinary direction of Union Square Cafe Executive Chef and Partner Carmen Quagliata and brings the restaurant’s award-winning, locally-focused philosophy to international skies.


“At Union Square Cafe, we use the freshest ingredients that we can find from local farmers at the greenmarket located just steps from our front door,” Chef Carmen said. “The beauty of working with Delta is we get to share our market-driven approach with international travelers. For Delta’s guests, we’re featuring produce and meats from the same farmers who serve our restaurant.”


The partnership with Union Square Cafe deepens Delta’s collaboration with Danny Meyer’s Union Square Hospitality Group, the hospitality company behind beloved New York restaurants like Gramercy Tavern, North End Grill, and Maialino.  Rustic winter menus from Nick Anderer, Chef and Partner of Union Square Hospitality Group’s Rome-inspired pizzeria, Marta, have been served on board on select flights since December and will conclude at the end of this month.


“We are so passionate about creating a unique experience on board for our customers and can’t wait for them to enjoy Chef Carmen’s fresh, seasonal culinary creations from Union Square Hospitality Group’s namesake restaurant at 35,000 feet,” said Allison Ausband, Delta’s Senior Vice President of In-Flight Service.


 


 

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