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           Delta Internal Company News

 

 Mr. Edward H. Bastian, also known as Ed, has been the Chief Executive Officer of Delta Air Lines, Inc. since May 2, 2016. Mr. Bastian served as President of Delta Air Lines, Inc. from September 01, 2007 to May 2, 2016. Mr. Bastian served as the Chief Executive Officer and President of NWA, Inc. He served as the Chief Executive Officer and President of Northwest Airlines, LLC from October 2008 to December 2009, and also served as its Chief Operating Officer. He served as President and Chief Executive Officer at Northwest Airlines, Inc. He served as Chief Financial Officer and Executive Vice President of Delta Air Lines Inc. from July 20, 2005 to September 2007 and also served as its Principal Accounting Officer. Mr. Bastian rejoined Delta and is a six-year Delta veteran. He served as Senior Vice President and Chief Financial Officer of Acuity Brands, Inc. from June 1, 2005 to July 2005. He has over twenty-five years of financial experience. He joined Delta in October 1998 as Vice President of Finance and was promoted to Senior Vice President of Finance and Controller of Delta Air Lines Inc. in February 2000. His responsibilities at Delta included internal and external financial reporting, financial planning and analysis, and Sarbanes-Oxley implementation and compliance. He spearheaded the implementation of SAP financial systems at Delta, including process and organization redesign and was instrumental in its cost reduction efforts following the events of September 11, 2001. Mr. Bastian served as Vice President of Finance and Controller of Frito-Lay International and as a Partner with Price Waterhouse in its audit practice for 13 years in entertainment, advertising, and manufacturing areas. He was also the Strategic Planning Partner for Price Waterhouse's New York Region. He worked with Pepsico where he served as Vice President of business process re-engineering for Frito Lay. He has been a Director of Delta Air Lines, Inc. since February 5, 2010. He served as a Director of GOL Linhas Aéreas Inteligentes S.A. from 2012 to May 5, 2016. He served as a Director of Northwest Airlines, LLC. Mr. Bastian is a graduate of St. Bonaventure University with a BBA in 1979 and is also a Certified Public Accountant.

  

Delta Air Lines ranks 119 out of 188, between Czech Airlines and easyJet

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HuffDalandDuster

1920's through 1940's

Delta's origins can be traced to a decision by B. R. Coad and Collett E. Woolman. Coad was an employee of the U.S. Department of Agriculture's field laboratory in Tallulah, Louisiana; Woolman was with its extension service. They worked on finding a solution to the boll weevil infestation of cotton crops and concluded that the "dusting" of an insecticide powder from the air would be the most effective form of treatment. From this decision, Huff Daland Dusters Incorporated was born. It was founded on May 30, 1924, in Macon, Georgia, and became the world's first aerial crop dusting company. The company moved to Monroe, Louisiana, in 1925. Woolman left his position with the extension service and in the off-season traveled with the company to Peru, where they helped to establish crop-dusting and passenger services. With this experience, Woolman returned to the United States and in 1928 raised the capital to buy Huff Daland, purchasing it on September 13, 1928, and renaming the company Delta Air Service, with its headquarters in Monroe. The name Delta, referring to the Mississippi Delta, was suggested by Catherine Fitzgerald, a secretary who later would rise to the rank of an executive in the company.

In 1930 the Delta Air Corporation (as it was then called) expanded eastward to include service to Atlanta, the fastest-growing city in the South, and westward to Fort Worth, Texas. This service was terminated in 1930 after the "Spoils Conference", when the Post Office awarded the route to American Airlines. Delta's lack of success in winning a commercial airmail contract—the bread and butter of any aspiring airline—jeopardized its existence, and the company suspended passenger service.

A reprieve came for Delta on the heels of the "airmail scandal", when the U.S. Congress enacted the Air Mail Act of 1934. Woolman secured a low-bid contract for the new Route 33 airmail service between Dallas and Charleston, South Carolina, via Atlanta. In August of that same year Delta resumed passenger services, flying Stinson Trimotors, with a route from Charleston, SC to Fort Worth, with stops in Columbia, SC, Augusta, Atlanta, Birmingham, and Meridian along the way.

 

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