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home / news releases / DAL - Delta Air Lines Stock Can Fly Higher

DAL - Delta Air Lines Stock Can Fly Higher

Delta Air Lines Inc.

2024-04-10 15:08:59 ET

Summary

  • Delta Air Lines exceeded revenue expectations in Q1, driven by capacity expansion and growth in premium product tickets and loyalty travel awards.
  • Unit costs reduced by 6% due to higher capacity and a decline in fuel prices, resulting in a strong operating margin of 4.4%.
  • Delta Air Lines expects lower margins in Q2 but remains a buy due to cash generation and deleveraging potential.

For further details see:

Delta Air Lines Stock Can Fly Higher
Stock Information
Company Name: Delta Air Lines Inc.
Stock Symbol: DAL
Market: NYSE
Website: delta.com
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