DAL - Payday Could Be Here For Delta Air Lines Investors

2024-05-16 14:13:57 ET

Summary

• U.S. airlines, including Delta, have recovered from the pandemic better than their global peers due to government aid and stronger market positions.
• Delta has implemented successful strategies during the pandemic, including expanding its network in competitive markets and strengthening its international partnerships.
• Delta is becoming the industry cost leader by raising employee salaries and investing in growth, leading to industry-leading financial metrics and shareholder benefits.

The past four plus years have been some of the most difficult for the airline industry. While most of us would like to forget what happened during the early days of covid, few airline investors can forget the gut-wrenching drops in demand that the global airline industry saw as the virus swept across the planet. Within weeks, airlines were carrying less than 10% of their demand in January 2020. Demand recovery on a sustained basis in domestic markets came first in the spring of 2022 and expanded to international markets a year later. Airlines spent the last two years trying to rebuild their businesses and their operations, which had been torn apart during nearly two years of limited demand. Tens of thousands of airline employees retired, leaving the industry to hire and train many new workers....

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