Delta shares slip in premarket after Toronto aircraft accident

Published 18/02/2025, 10:44
© Reuters.

Investing.com -- A Delta Air Lines (NYSE:DAL) jet flipped onto its roof while landing at Toronto’s Pearson (LON:PSON) Airport on Monday, leaving all 80 people on board alive, with 18 injured, Reuters reported, citing Canadian air ambulance officials.

Three passengers aboard Delta flight DL4819 from Minneapolis-St. Paul International Airport sustained critical injuries, including a child, the officials reportedly said. The other 15 people were also transported to hospitals for treatment.

The carrier’s shares slid over 2% in the Tuesday premarket trade.

The flight from Minneapolis, carrying 76 passengers and four crew members, attempted to land around 2:15 p.m. amid strong winds gusting up to 40 mph (65 kph) and swirling snow.

Communications between the control tower and the pilots appeared normal during the approach, but it remains unclear what went so wrong upon touchdown.

Canadian authorities provided limited information in two brief news conferences. Video footage posted online showed the jet upside down on the tarmac, with its fuselage largely intact. Firefighters were seen dousing the wreckage while passengers climbed out and walked away.

Delta confirmed that the aircraft, operated by its Endeavor Air subsidiary, was involved in the crash. The 16-year-old CRJ900, built by Canada’s Bombardier (OTC:BDRBF) and powered by GE Aerospace (NYSE:GE) engines, can carry up to 90 passengers. Video taken after the crash showed at least one wing had detached from the fuselage.

Toronto Pearson Airport reported challenging conditions throughout the day, with high winds and freezing temperatures as airlines worked to recover from a weekend snowstorm that left over 22 cm (8.6 inches) of snow on the ground.

Audio recordings from the tower captured a warning given to the pilots about possible turbulence during the approach. US aviation safety expert and pilot John Cox noted that the crosswind was averaging 19 knots (22 mph) from the right, though gusts likely varied significantly.

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