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DAL - Delta Air Lines: Strong Tailwinds For The Long Term
Delta Air Lines Inc.
2024-02-06 23:16:42 ET
Summary
Delta Air Lines had a strong fourth quarter, beating analyst estimates and generating revenues of $58 billion for the full year.
International travel is making a comeback, with record margins and profits in the fourth quarter, and DAL expects sustained demand in the future.
Corporate travel and premium products are also experiencing growth, with double-digit year-over-year growth in corporate sales and strong demand for premium seats.